08:54 AM EDT, 03/13/2025 (MT Newswires) -- Entree Resources ( ERLFF ) said overnight Wednesday that its comprehensive loss narrowed in 2024.

The company reported a 2024 comprehensive loss of US$8.1 million, or a loss of $0.07 per share, compared with the 2023 net loss of US$11.0 million, or a loss of US$0.05 per share.

Operating loss was $4.8 million, rising from a loss of $4.5 million.

For 2025, Entree said it seeks to fully implement the arbitration award granted to the company in December 2024 and affect the transfer of the licenses from its Mongolian subsidiary Oyu Tolgoi LLC.

Entree said future lateral development work on the Entree/Oyu Tolgoi joint venture property in Mongolia could be delayed if the company fails to implement the award and affect the license transfer.