11:16 AM EST - Erdene Resource Development Corp. : Announced that it has completed the consolidation of its issued and outstanding common shares on the basis of one post-Consolidation Common Share for every six pre-Consolidation Common Shares. The Consolidation has reduced the number of issued and outstanding Common Shares from 366,351,958 Common Shares to 61,063,549 Common Shares, effective September 2. Erdene Resource Development Corp.
shares T.ERD are trading down $0.05 at $1.23.