Erdene Closes Private Placement; Advances Strategic Alliance in Mongolia
HALIFAX, NOVA SCOTIA--(Marketwired - April 27, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce it has closed its non-brokered private placement financing with Teck Resources Limited ("Teck"). The net proceeds will be used for exploration of the Company's Teck-Alliance projects in Mongolia.