Erdene Resource Development Corporation has received a Tax Stabilization Certificate for the Bayan Khundii Gold Project from the Mongolian Government’s National Development Agency (NDA), effective December 21, 2021.

The Tax Stabilization Certificate is valid for nine (9) years, and may be extended for up to half of the initial term, if certain conditions are met.

The Tax Stabilization Certificate demonstrates the Government of Mongolia’s commitment to regulatory stability and promotes foreign direct investment in projects like Bayan Khundii, which benefit local stakeholders and Erdene’s shareholders, including thousands of Mongolian investors.

Please click here for detailed information.

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