Edition:
United States

Erdene Resource Development Corp (ERD.TO)

ERD.TO on Toronto Stock Exchange

0.38CAD
23 Sep 2016
Change (% chg)

$0.01 (+4.11%)
Prev Close
$0.37
Open
$0.37
Day's High
$0.38
Day's Low
$0.36
Volume
99,000
Avg. Vol
139,387
52-wk High
$0.55
52-wk Low
$0.11

Latest Key Developments (Source: Significant Developments)

Morien Resources names Mike O'Keefe CFO
Monday, 4 Jul 2016 09:28am EDT 

Morien Resources Corp : Morien announces appointment of CFO . Says O'Keefe, replaces Ken MacDonald .Says appointment of Mike O'Keefe as chief financial officer.  Full Article

Erdene Resource Development Corp closes private placement
Tuesday, 10 Nov 2015 09:00am EST 

Erdene Resource Development Corp:has raised a total of $1 million from its recently announced non-brokered private placement and from the exercise of warrants.Completed the private placement announced on October 21, 2015 and accepted subscriptions for 6,864,327 units priced at $0.14 per Unit for gross proceeds of $961,000.  Full Article

Erdene Resource Development Corp Announces Private Placement
Tuesday, 20 Oct 2015 04:53pm EDT 

Erdene Resource Development Corp:Intends to undertake a non-brokered private placement to raise up to $1 million.Each unit will consist of one common share of the company and one-half of one common share purchase warrant, with each whole common share purchase warrant entitling the holder to purchase one common share of the company at a price of $0.18 for a twelve month period from the closing date.Finder's fees will be paid on a portion of the Private Placement, consisting of up to 6.5 pct of the gross proceeds raised and finder's fee warrants equal to up to 6.5 pct of the number of common shares issued in the Private Placement.Each finder's fee warrant will be exercisable into one common share of the company at $0.14 per share, for a period of 12 months from the closing date.  Full Article

Erdene Resource Development Corp closes second tranche of private placement for total proceeds of $1.5 million
Friday, 12 Jun 2015 09:00am EDT 

Erdene Resource Development Corp:Says it has closed the second and final tranche of its non-brokered private placement previously announced on May 21, 2015.Says second closing resulted in proceeds to the Company of approximately $350,000.Says which together with the first closing has resulted in aggregate proceeds to the Company of about $1.5 million from the sale of 10,743,405 units at a price of $0.14 per unit.  Full Article

Erdene Resource Development Corp announces private placement
Thursday, 21 May 2015 12:56pm EDT 

Erdene Resource Development Corp:Says intends to undertake private placement to raise up to $1 million.Says undertaking a non-brokered private placement to sell up to 7.1 mln units at a price of $0.14 per unit.Net proceeds of private placement will be used to advance its 100% owned Altan Nar gold-polymetallic project in southwest Mongolia and for general working capital purposes.Private Placement is expected to close on or before June 5.  Full Article

Erdene Resource Development Corp announces private placement
Friday, 17 Apr 2015 08:58am EDT 

Erdene Resource Development Corp:Says that it intends to issue, by way of a non-brokered private placement, 2,826,310 shares to Teck Resources Limited at a price of $0.139 per share for gross proceeds of $392,857.In addition to the Private Placement, Teck will be issued 1,071,429 shares on the exercise of warrants with an exercise price of $0.10 per share, for gross proceeds of $107,143.Net proceeds of the Private Placement will be used for exploration of the Company's Teck-Alliance projects in Mongolia.Net proceeds from the exercise of the warrants will be used to retire the $107,143 non-interest bearing loan owed to Teck.The Private Placement is expected to close on or before April 30, 2015.  Full Article

Erdene Resource Development Corp announces private placement
Monday, 6 Oct 2014 03:30pm EDT 

Erdene Resource Development Corp:Announces it intends to issue, by way of a non-brokered private placement, up to 11,500,000 units at a price of $0.14 per unit for gross proceeds of up to $1,610,000.Each unit will consist of one common share of the company and one-half of one common share purchase warrant, with each whole common share purchase warrant entitling the holder to purchase one common share of the company at a price of $0.21 for a 24 month period from the closing date.Net proceeds of the Private Placement will be used for exploration.  Full Article

BRIEF-Erdene closes private placement

* Erdene closes private placement Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)