Multiple buying at Erdene Resource Dev Corp (ERD)

Multiple buying at Erdene Resource Dev Corp (T:ERD)

John Philip Byrne, a Director, acquired 250,000 Common Shares on an indirect ownership basis for registered holder TD Waterhouse at a price of $0.200 through a private transaction on July 9th, 2019. This represents a $50,000 investment into the company's shares and an account share holdings change of 48.4%.

In addition, Peter Akerley, CEO and Director, acquired 220,000 Common Shares on a direct ownership. This represents a $44,000 investment into the company's shares and an account share holdings change of 12.6%. Robert Jenkins, CFO, acquired 100,000 Common Shares on a direct ownership basis at a price of $0.200. This represents a $20,000 investment into the company's shares and an account share holdings change of 56.0%. Kenneth MacDonald, a Senior Officer, acquired 50,000 Common Shares on a direct ownership basis This represents a $10,000 investment into the company's shares and an account share holdings change of 5.5%. Thomas Layton Croft, a Director, acquired 40,000 Common Shares on a direct ownership basis. This represents a $8,000 investment into the company's shares and an account share holdings change of 3.9%.  Finally, Anna Biolik, a Director, acquired 25,000 Common Shares on a direct ownership basis. This represents a $5,000 investment into the company's shares and an account share holdings change of 44.1%.

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

Erdene Resource Development Corporation is a Canada-based resource company focused on the acquisition, exploration and development of base and precious metals in Mongolia. The Company holds approximately four exploration licenses covering approximately 10,730 hectares and a mining license covering over 6,040 hectares. These include Altan Nar, a gold-polymetallic project that the Company is advancing toward a production decision; Bayan Khundii, an earlier-stage gold discovery; Khuvyn Khar, an early-stage copper-silver porphyry project with multiple drill targets and copper intersections; Zuun Mod, a molybdenum-copper porphyry deposit, and Altan Arrow, an early-stage gold-silver project. The Zuun Mod property is located in Bayankhongor Province southwest of Ulaanbaatar. In addition, the Company has an alliance with Teck Resources Limited on regional, copper-gold exploration in the Trans Altay region of southwest Mongolia.