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Erdene Completes $7.2M Private Placement Led By Investment From Eric Sprott

Erdene Completes $7.2M Private Placement Led By Investment From Eric Sprott

07/21/22, 11:13 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgdartmouth
Money raised
$7.2 million
Industry
other
Erdene Resource Development Corporation (TSX:ERD

Company Info

Company
Erdene
Location
99 wyse rd
dartmouth, nova scotia, canada
Additional Info
Erdene is a Canada-based resource company with over 20 years experience in precious and base metal exploration in Mongolia. We have recently discovered multiple high-grade gold and base metal prospects and deposits in a previously unexplored region of southwest Mongolia now identified as the Khundii Gold District. Our Company is currently focused on advancing two of our 100%-owned high-grade, near-surface gold projects toward a development decision in southwest Mongolia, while exploring and testing for additional gold and base metal targets in the surrounding district. Outside of our gold projects, we have an Exploration Alliance with Teck Resources Limited, Canada’s largest diversified mining company, on regional copper-gold exploration in southwest Mongolia. We ​are listed on both the Toronto (​TSX:ERD) a​nd Mongolian (MSE:ERDN) stock exchanges.

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