Erdene Releases 2023 Shareholder Letter
TSX: ERD | MSE: ERDN
www.erdene.com [email protected]
ERDENE RELEASES 2023 SHAREHOLDER LETTER
Press Release
Halifax, Nova Scotia
2023.06.22
Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or
the “Company”) is pleased to publish its 2023 Letter to Shareholders authored by
President and CEO, Peter Akerley. To read the letter please visit: Letter_to_Shareholders
“The past year has been one of great success for our Company,” said Peter Akerley,
Erdene’s President and CEO. “As outlined in my letter to fellow shareholders, we entered
a Strategic Alliance to bring the Bayan Khundii Gold Project to production, while
continuing to see exploration success in our Khundii Minerals District in southwestern
Mongolia.”
“In Mongolia more generally, we saw the commissioning of the underground phase of the
Oyu Tolgoi copper-gold mine earlier this year, positioning this project to become the
fourth-largest copper-gold mine globally,” continued Mr. Akerley. “I see many similarities
between southeastern Mongolia, where Oyu Tolgoi is located, and our Khundii Minerals
District. The opportunity now is for Erdene to be the catalyst for history to repeat itself in
southwestern Mongolia.”
About Erdene
Erdene Resource Development Corp. is a Canada-based resource company focused on
the acquisition, exploration, and development of precious and base metals in
underexplored and highly prospective Mongolia. The Company has interests in three
mining licenses and an exploration license in Southwest Mongolia, where exploration
success has led to the discovery and definition of the Khundii Minerals District. Erdene
Resource Development Corp. is listed on the Toronto and the Mongolian stock exchanges.
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.
Forward-Looking Statements
Certain information regarding Erdene contained herein may constitute forward-looking
statements within the meaning of applicable securities laws. Forward-looking statements
may include estimates, plans, expectations, opinions, forecasts, projections, guidance or
other statements that are not statements of fact. Although Erdene believes that the
expectations reflected in such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to have been correct. Erdene cautions that
actual performance will be affected by a number of factors, most of which are beyond its
TSX: ERD | MSE: ERDN
www.erdene.com [email protected]
control, and that future events and results may vary substantially from what Erdene
currently foresees. Factors that could cause actual results to differ materially from those
in forward-looking statements include the ability to obtain required third party approvals,
market prices, exploitation and exploration results, continued availability of capital and
financing and general economic, market or business conditions. The forward-looking
statements are expressly qualified in their entirety by this cautionary statement. The
information contained herein is stated as of the current date and is subject to change after
that date. The Company does not ass ume the obligation to revise or update these
forward-looking statements, except as may be required under applicable securities laws.
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-/
YouTube: https://www.youtube.com/channel/UCILs5s9j3SLmya9vo2-KXoA