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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 ANNOUNCES FINANCING TO FUND EXPLORATION AND PRE-CONSTRUCTION IN THE KHUNDII GOLD DISTRICT

2022-06-30 17:43:20

Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) is announced that it intends to issue, by way of a non-brokered private placement, up to 20,000,000 units of the Company (the “Units”) at a price of $0.30 per Unit (the “Private Placement”), for gross proceeds of up to $6,000,000.

Proceeds of the Private Placement will be used to fund exploration, including follow up drilling at the recent Ulaan and Dark Horse discoveries, site establishment work for the Company’s Bayan Khundii Gold Project development, and for general working capital purposes.

The Private Placement is expected to close on or about July 22, 2022 and is subject to the Company receiving all necessary regulatory approvals, including approval of the Toronto Stock Exchange. Securities issued under the Private Placement will be subject to a four month hold period which will expire four months plus one day from the closing date of the Private Placement. 

Please click here to see the detailed information. 

MONGOLIAN STOCK EXCHANGE