The Toronto Stock Exchange reports that Erdene Resource Development Corp. has rolled back its common shares on a one-new-for-six-old basis, effective at the open on Sept. 5, 2025. According to the TSX, the company will continue trading under the symbol ERD. The new Cusip number is 29480N 40 4.
The TSX notes that the company will not issue any fractional shares as a result of the rollback. Instead, all fractional shares will be rounded up to the nearest whole number. To receive the consolidated shares, shareholders must return the letter of transmittal together with share certificates to Computershare Investor Services Inc. at its principal office in Toronto.
According to the TSX, the shares are also listed on the Mongolian Stock Exchange under the symbol ERDN. The TSX has been advised that trading in the shares on the MSE is currently halted, and such trading will be reinstated and the shares will be posted for trading on a one-new-for-six-old consolidated basis on the MSE during the week of Sept. 8, 2025.
For more information, see the company's management information circular dated May 20, 2025, and its news releases dated Aug. 25, 2025, and Sept. 2, 2025.
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