Erdene Resource Development Corporation

0.22

Canada & Nova Scotia Dartmouth

99 Wyse Road, Suite 1480

+1 902 423-6419

www.erdene.com

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Company Resources

Project : Khundii
Deposit : Khundii
Date : Dec 18, 2018
Report Code : NI43-101 Report Type: PEA
Download: View this Report
Commodities : Gold
Report Details: PEA results incl. post-tax NPV (5%) of US$99M, IRR of 56%
Resources:
CP/QP: [Overall Report]: Igor Bojanic (RPMGlobal Ltd.)

Company Press Releases

Erdene Closes $2.5 Million Private Placement

HALIFAX, Nova Scotia, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement raising gross proceeds of $2,533,345 (the “Offering”). The Offering, announced on February 12, 2019, was oversubscribed from the initial targeted proceeds of $1.75 million. Erdene’s management, directors and employees subscribed for 10% of the Offering. Pursuant to the Offering, Erdene has sold 11,014,544 units of...

Erdene Announces Private Placement to Advance Khundii Gold Project

HALIFAX, Nova Scotia, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that it intends to issue, by way of a non-brokered Private Placement, up to 7,608,696 units of the Company (the “Units”) at a price of $0.23 per Unit (the “Private Placement”), for gross proceeds of up to $1,750,000. Each Unit will consist of one common share and one Warrant (the “Warrants”). Warrants are exercisable by the holder into one common share of the Company with...

Erdene Files Khundii Gold Project Preliminary Economic Assessment Technical Report

HALIFAX, Nova Scotia, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the filing on SEDAR of the independent Preliminary Economic Assessment (“PEA”) Technical Report (the “Report”) for its 100%-owned Khundii Gold Project (the “Project”) in southwest Mongolia. The Report entitled “NI 43-101 Technical Report for the Preliminary Economic Assessment of the Khundii Gold Project”, dated February 4, 2019, was prepared in accordance w...

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