Erdene Releases 2024 Shareholder Letter
TSX: ERD | MSE: ERDN
www.erdene.com [email protected]
ERDENE RELEASES 2024 SHAREHOLDER LETTER
Press Release
Halifax, Nova Scotia
2024.06.19
Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or
the “Company”) is pleased to publish its 2024 Letter to Shareholders authored by
President and CEO, Peter Akerley.
To read the letter please visit: Letter_to_Shareholders
Peter Akerley, Erdene’s President and CEO stated, “The past year has been
transformative for our Company. As outlined in my letter to fellow shareholders, we closed
the Strategic Alliance with Mongolian Mining Corporation, commenced construction of the
Bayan Khundii Gold Project and continued to see exploration success in our Khundii
Minerals District in southwestern Mongolia.”
Mr. Akerley continued, “These accomplishments are the result of more than twenty years
of effort in Mongolia, where Erdene has been the most active explorer and developer in
the unexplored western portion of Mongolia’s Gobi Desert. It is extremely satisfying to
see the vision of Erdene’s founders come to fruition with first gold production from Bayan
Khundii expected in 2025.”
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
TSX: ERD | MSE: ERDN
www.erdene.com [email protected]
actual performance will be affected by a number of factors, most of which are beyond its
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. T he 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 assume 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