Erdene Announces Results of Annual General and Special Meeting
TSX: ERD | MSE: ERDN | OTCQX: ERDCF
www.erdene.com 1 [email protected]
ERDENE ANNOUNCES RESULTS OF
ANNUAL GENERAL AND SPECIAL MEETING
Press Release
Halifax, Nova Scotia
2026.05.29
Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN ; OTCQX: ERDCF)
("Erdene" or the "Company") is pleased to announce its shareholders voted in favour
of all items of business brought before them at the Company's Annual General and
Special Meeting of Shareholders (“Meeting”) held May 28, 2026 in Halifax, Nova Scotia.
Details of the Meeting are provided below.
Appointment of Board and Executive
At the Meeting, shareholders voted in favour of Erdene management’s nominees to the
board of directors, with the details of the proxy voting results as follows:
Nominee Votes For % For
Votes
Against % Against
Peter C. Akerley 28,997,783 99.61% 112,974 0.39%
Dr. Anna G. Biolik 28,966,054 99.50% 144,703 0.50%
T. Layton Croft 28,854,125 99.12% 256,632 0.88%
Kenneth W. MacDonald 28,986,282 99.57% 124,475 0.43%
Cameron McRae 28,852,213 99.11% 258,544 0.89%
Following the Meeting, Erdene’s board of directors appointed its officers for the coming
year, namely: President and Chief Executive Officer – Peter Akerley; Chairman of the
Board – T. Layton Croft; Chief Financial Officer – Robert Jenkins; and Corporate
Secretary – Julie Robinson.
Auditor Appointment
MNP LLP was appointed Auditor of the Company to hold office until the next annual
general meeting or until its successor is duly appointed, and the directors were authorized
to fix the Auditor’s remuneration.
Approval of Unallocated Rights under the Company’s Omnibus Equity Incentive
Plan
Shareholders approved all unallocated rights issuable under the Company’s 10% “rolling”
Omnibus Equity Incentive Plan in accordance with the rules and policies of the Toronto
Stock Exchange.
About Erdene
Erdene Resource Development Corp. is a Canada-based resource company producing
gold at the high-grade, low-cost Bayan Khundii Gold Mine in underexplored and highly
TSX: ERD | MSE: ERDN | OTCQX: ERDCF
www.erdene.com 2 [email protected]
prospective Mongolia. The Company has interests in a highly prospective portfolio of
precious and base metal projects in close proximity to the Bayan Khundii Gold Mine in
the Khundii Minerals District, which provides a robust organic growth pipeline. Erdene
Resource Development Corp. is listed on the Toronto (“ERD”) and the Mongolian stock
(“ERDN”) exchanges and OTCQX Market (“ERDCF”). Further information is available
at www.erdene.com. Important information may be disseminated exclusively via the
website; investors should consult the site to access this information.
NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE
CONTENTS OF THIS RELEASE
Erdene Contact Information
Peter C. Akerley, President and CEO, or
Robert Jenkins, CFO
Phone: (902) 423-6419
Email: [email protected]
Twitter: https://twitter.com/ErdeneRes
Facebook: https://www.facebook.com/ErdeneResource
LinkedIn: https://www.linkedin.com/company/erdene-resource-development-corp-/