Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Copper

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.

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Entree Resources Ltd

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Post by scissors14on Jun 14, 2004 10:31pm

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Post# 7610608

Property-Asset Agreement

Property-Asset Agreement 6/14/04 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation of a Waiver and Transfer Agreement dated April 20, 2004 between the Company (through its wholly-owned subsidiary, Entre LLC) and Mongol Gazar Co. Ltd. ('Mongol Gazar') whereby Mongol Gazar has waived its minimum price guarantee under a September 13, 2003 purchase agreement (as amended) relating to the company's Shivee Tolgoi Property. In consideration of the waiver the Company will issue to Mongol Gazar 250,000 warrants to purchase 250,000 common shares of the Company at a price of $1.05 per share expiring April 20, 2006.

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