Erdene Provides Update on Share Consolidation

HALIFAX, Nova Scotia, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX: ERD; MSE: ERDN; OTCQB: ERDCF) ("Erdene" or the "Company") is pleased to provide an update on the proposed consolidation (the "Consolidation") of Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-Consolidation Common Share for every six (6) pre-Consolidation Common Shares, as approved at the 2025 Annual General and Special Meeting of Shareholders, held June 25, 2025.

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