News
13 October 2020

Erdene announces conversion of EBRD loan to help finance Bayan project

In:
Metals and Mining
Region:
Americas, Asia-Pacific

Canada-headquartered Erdene Resource Development Corp has announced that the European Bank for Reconstruction and Development has exercised its conversion option in respect of its $5 million convertible loan with the company. Following conversion of the loan, the EBRD owns and controls...

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