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News

NOVEMBER 07, TRADING REPORT

2024-11-07 15:18:05

Total trade: MNT 21,208,289,093 (USD 6,221,355.28)      

"ERDENET INVEST" INVESTMENT FUND SHAREHOLDER MEETING HELD

2024-11-06 15:58:11

The shareholder meeting for the "Erdenet Invest" Investment Fund was held on October 25, 2024, at 10:00 AM, in a hybrid format (both in-person and online). The meeting took place at the Erdenet Factory Cultural and Art Complex (Mine Worker Cultural Palace) in Bayan-Undur District, Orkhon Province.

News

ERDENE PROVIDES UPDATE ON PRIVATE PLACEMENT

2020-07-31 17:16:52

Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) has provided an update on its previously announced non-brokered private placement of approximately C$20 million. 

As announced on July 23, 2020, the Private Placement will consist of the sale of 33,333,333 subscription receipts at a price of $0.45 per Subscription Receipt, to an entity controlled by Mr. Eric Sprott and the concurrent sale of up to 11,111,111 units of the Company at a price of $0.45 per Unit. Each Unit will consist of one common share of the Company and onem Common Share purchase warrant, with each Warrant exercisable into one Common Share within two years of the closing date, at a price of $0.60 per Common Share. Each Subscription Receipt will convert into a Unit immediately and for no additional consideration upon certain release conditions being satisfied.

Please click here for details. 

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