Business
Erdene Releases 2025 Shareholder Letter
HALIFAX, Nova Scotia, June 24, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation...
About this update from Erdene Resource Development Corporation
[{"type":"text","content":"Erdene Releases 2025 Shareholder Letter\n\n\n\n HALIFAX, Nova Scotia, June 24, 2025 (GLOBE NEWSWIRE) --\n \n Erdene Resource Development Corporation\n \n (TSX:ERD | MSE:ERDN) (“\n \n Erdene\n \n ” or the “\n \n Company\n \n ”) is pleased to publish its 2025 Letter to Shareholders authored by President and CEO, Peter Akerley. To read the letter please visit:\n \n\n Letter_to_Shareholders\n \n\n\n\n Peter Akerley, Erdene’s President and CEO stated, “As outlined in my letter to fellow shareholders, Bayan Khundii is poised to enter production as one of the highest-grade, open-pit mines globally, with low all-in sustaining costs. The project is coming online at a time when gold prices are testing historic highs, providing shareholders significant leverage to gold prices.”\n \n\n Mr. Akerley continued, “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 in recent memory. Cash flow from Bayan Khundii will support further exploration and the advancement of our broader Khundii Minerals District portfolio, generating value for all stakeholders in the decades to come.”\n \n\n\n About Erdene\n \n\n\n 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\n \n www.erdene.com\n \n . Important information may be disseminated exclusively via the website; investors should consult the site to access this information.\n \n\n\n Forward-Looking Statements\n \n\n\n 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 ...