Erdene Releases 2026 Shareholder Letter and Provides Investor Update Webcast
TSX: ERD | MSE: ERDN | OTCQX: ERDCF
www.erdene.com 1 [email protected]
ERDENE RELEASES 2026 SHAREHOLDER LETTER
AND PROVIDES INVESTOR UPDATE WEBCAST
Press Release
Halifax, Nova Scotia
2026.05.27
Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN ; OTCQX: ERDCF)
("Erdene" or the "Company") is pleased to publish its 2026 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, “As outlined in my letter to fellow
shareholders, last year Erdene achieved its vision of developing a high-grade gold mine
with the commissioning of the Bayan Khundii Gold Mine. This milestone comes only ten
years after our geologists discovered high-grade gold at surface, making Bayan Khundii
one of the fastest projects to make this transition to production in recent memory.”
Mr. Akerley continued, “With the Bayan Khundii mine generating cash flow, we are
positioned to aggressively advance exploration and development of the broader Khundii
Minerals District. The combination of near-mine expansion at Bayan Khundii, the district-
scale potential of Altan Nar and Zuun Mod, and a strong pipeline of future discovery
provides a compelling multi-decade growth platform.”
Annual and Special Meeting and Investor Update Webcast Details
Erdene will hold its Annual and Special Meeting of Shareholders and provide an update
to investors on May 28, 2026 at 10:00 a.m, Atlantic time, at 1969 Upper Water Street,
Suite 1300, McInnes Cooper Tower – Purdy’s Wharf, Halifax, Nova Scotia. Shareholders
who are unable to attend in person may participate via webcast, accessible at the
following link: HERE
A replay of the webcast will be available at the same link for one year after the event.
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
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.
TSX: ERD | MSE: ERDN | OTCQX: ERDCF
www.erdene.com 2 [email protected]
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
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 assume the o bligation 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-/