Eric Sprott buying at Erdene Resource Dev Corp (ERD)

Eric Sprott buying at Erdene Resource Dev Corp (T:ERD)

Eric Sprott, a 10% Holder, acquired 458,500 Common Shares on a direct ownership basis at a price of $0.600 on September 25th, 2024. This represents a $274,962 investment into the company's shares and an account share holdings change of 0.7%.

Erdene Resource Dev Corp is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

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. It has interests in three mining licenses and an exploration license in Southwest Mongolia. Its projects include Khundii Minerals District, Bayan Khundii Gold Project, Altan Nar, Greater Dark Horse, Ulaan, Zuun Mod and Khuvyn Khar. Its projects are located in the eastern portion of the Central Asian Orogenic belt. The Bayan Khundii mining license covers 2,309 hectares and, in addition to the Bayan Khundii high-grade gold deposit, includes its highly prospective 20 square kilometers greater Dark Horse prospect area, including the Dark Horse Mane high-grade gold discovery. The Zuun Mod Molybdenum-Copper Project is a porphyry molybdenum-copper deposit. The Altan Nar mining license covers 4,669 hectares. The central and northern portion of the Ulaan license hosts a porphyry copper prospect.