07:30 AM EDT, 08/25/2025 (MT Newswires) -- Erdene Resource Development ( ERDCF ) on Monday said it is implementing a share consolidation on the basis of one post-consolidation share for every six pre-consolidation shares held.

The consolidation will become effective on Sept. 2. Trading will be halted on the Mongolian Stock Exchange from Aug. 27, while trading will continue on the Toronto Stock Exchange, a statement said.

Post-consolidation shares will trade on the Toronto Stock Exchange at market open on Sept. 5.