Erdene Resource Development Corporation ERD

HALIFAX, Nova Scotia, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce that it has entered into an automatic securities purchase plan (“ASPP”) in connection with its previously announced normal course issuer bid ("NCIB"), under which it may purchase up to an aggregate 4,900,000 common shares of the Company ("Common Shares") for cancellation. Once effective, the ASPP will allow for the purchas

Gold output surges 37% quarter-over-quarter as the company advances its Khundii Minerals District growth strategy.

Q2 2026 Highlights: Bayan Khundii Gold Mine produced and sold 11,709 ounces gold at an average price of US$4,493/oz for US$53M in gross revenuesOperated Bayan Khundii at 94% of target throughput and recovered 96% of gold, exceeding expectationsAdvanced preliminary economic assessment for Zuun Mod molybdenum-copper porphyry project with results expected in mid-H2 2026Completed maiden drill program at Tereg Uul near Oyu Tolgoi intersecting anomalous gold and silver along a 1.5 kilometre mineralize