Showing posts with label Teck Resources Limited. Show all posts
Showing posts with label Teck Resources Limited. Show all posts

Erdene Establishes Strategic Alliance in Mongolia

http://www.blogger.com/blogger.g?blogID=1829613115538581557#editor/src=sidebar Halifax, Nova Scotia - April 11, 2013 - Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD), is pleased to announce that it has entered into a strategic alliance ("Alliance") with Teck Resources Limited ("Teck"). The Alliance was formed by the signing of option and private placement agreements (collectively, "Agreement") to fund and explore the Company's mineral tenements in the Trans Altay region of southwest Mongolia. Initially, the program will focus on the Company's Khuvyn Khar copper porphyry prospect as well as exploration of select targets across the Trans Altay region. Excluded from the Alliance are the Company's Altan Nar gold project and its Zuun Mod molybdenum-copper deposit.

Erdene Closes Private Placement

http://investor.shareholder.com/erd/releasedetail.cfm?ReleaseID=758418 Adopts Advance Notice By-Law Halifax, Nova Scotia - April 23, 2013 - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce it completed the $1 million initial tranche of the non-brokered private placement financing with Teck Resources Limited ("Teck") that was announced on April 11, 2013, at a price of $0.20 per share. The Company also announced that its board of directors has approved the adoption of an amendment to By-Law No. 1 of the Company, which requires advance notice to the Company in certain circumstances where nominations of persons for election as a director of the Company are made by shareholders.