HALIFAX, NOVA SCOTIA--(Marketwired - June 13, 2016) - Erdene Resource Development Corp.
(TSX:ERD) ("Erdene" or the
"Company"), will be webcasting its Annual and Special Meeting of Shareholders ("AGM") on Tuesday June 14, 2016
at 4:30 pm Eastern Standard Time (5:30 pm Atlantic Standard Time). All interested parties can listen to the webcast by clicking here. To attend the AGM in person, the event will be held at
Purdy's Wharf Tower II, 1969 Upper Water Street, Suite 1300, in Halifax, Nova Scotia. For those unable to listen to the live
webcast or attend the event in person, a replay will be available on the Company's web site beginning approximately two hours
after the completion of the event.
About Erdene
Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration, and development
of base and precious metals in underexplored and highly prospective Mongolia. The Company holds four exploration licenses and a
mining license in southwest Mongolia. These include: Altan Nar - an extensive, high-grade, near-surface, gold-polymetallic
project that the Company is advancing toward a production decision, however the Company has not yet completed a mining study to
support the technical feasibility and economic viability of Altan Nar; Bayan Khundii - an earlier-stage, high-grade gold
discovery made in Q2-2015; Khuvyn Khar - an early-stage, copper-silver porphyry project with multiple drill targets and
significant copper intersections; Zuun Mod - a large molybdenum-copper porphyry deposit; and Altan Arrow - an early-stage,
high-grade, gold-silver project. In addition to the above properties, the Company has an Alliance with Teck Resources
Limited on regional, copper-gold exploration in the prospective Trans Altay region of southwest Mongolia. For further
information on the Company, please visit www.erdene.com. Erdene has
121,040,992 issued and outstanding common shares and a fully diluted position of 132,432,906 common shares.
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