May 31 (Reuters) - Erdene Resource Development Corp ERD.TO :
* ERDENE ANNOUNCES LISTING ON THE MONGOLIAN STOCK EXCHANGE, OFFERING AND PRIVATE PLACEMENT AND PROVIDES PROJECT UPDATE
* ERDENE RESOURCE DEVELOPMENT - PURSUANT TO MONGOLIA OFFERING, ERDENE TO SELL 4 MILLION COMMON SHARES AT $0.34/SHARE FOR GROSS PROCEEDS OF C$1.36 MILLION
* ERDENE RESOURCE DEVELOPMENT CORP - PROCEEDS OF MONGOLIA OFFERING AND PRIVATE PLACEMENT ARE ANTICIPATED TO FULLY FUND COMPANY INTO 2019
* ERDENE RESOURCE DEVELOPMENT - PROCEEDS OF MONGOLIA OFFERING, PRIVATE PLACEMENT ALSO TO BE USED TO ADVANCE BAYAN KHUNDII, ALTAN NAR GOLD PROJECTS