Newly listed ‘Erdene Resource Development Corporation (TSX:ERD), the first secondary listed company in the Mongolian capital market, held roadshow meeting with professional participants of the market on 29 May 2018. The company is offering its 2.7 percent of total outstanding shares or 4,000,000 shares for MNT640.00 per share and aiming to raise MNT2.56 billion. Proceeds of the offering are anticipated to advance the Company's exploration projects.
"BDSec SC" JSC is working as a main underwriter jointly with "Golomt Capital SC" LLC for the offering and roadshow meeting for public will be held on June 6th, 2018 at “Soyombo” ballroom in Best Western Premier Tuushin Hotel.
The orders will be taken until 3 pm June 14th, 2018 through member brokerage companies of Mongolian Stock Exchange.
MONGOLIAN STOCK EXCHANGE