Erdene Resource Development announces private placement to advance Khundii Gold Project
Erdene Resource Development Corp (TSX:ERD; MSE:ERDN), a Tier 3 listed company on the Mongolian Stock Exchange (MSE), intends to issue up to 7,608,696 units of the company at a price of USD 0.23 per unit (Private Placement), for gross proceeds of up to USD1,750,000, announced on February 12.
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