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Erdene Announces Intention to Launch Normal Course Issuer Bid

Markets GlobeNewswire By GlobeNewswire 26 Jun 2026 11:00 1 min read
Erdene Announces Intention to Launch Normal Course Issuer Bid

HALIFAX, Nova Scotia, June 26, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce its intention to launch a 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, representing approximately 10% of the 49,386,538 public float of Common Shares as of June 17, 2026. 65,493,042 Common Shares were issu

HALIFAX, Nova Scotia, June 26, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce its intention to launch a 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, representing approximately 10% of the 49,386,538 public float of Common Shares as of June 17, 2026. 65,493,042 Common Shares were issued and outstanding as of June 17, 2026.

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