18:58:02 EDT Mon 14 Sep 2026
Enter Symbol
or Name
USA
CA



Erda Resource Opportunities Inc
Symbol ERDA
Shares Issued 243,246,601
Close 2026-09-14 C$ 0.145
Market Cap C$ 35,270,757
Recent Sedar+ Documents

Erda Resource appoints Rhodes as board chairman

2026-09-14 17:16 ET - News Release

Mr. Rajesh Sharma reports

BLAKE RHODES ASSUMES THE ROLE OF CHAIRMAN OF THE BOARD OF ERDA

Blake Rhodes, currently a director of Erda Resource Opportunities Inc., formerly Fancamp Exploration Ltd., has been appointed chairman of the board. Mr. Rhodes joined the board in May, 2026, and brings extensive global mining and natural resource experience, including expertise in corporate strategy, business development, capital allocation and strategic transactions gained through senior leadership roles, including with Newmont Corp.

"Since joining the board in May, I have had the opportunity to witness a transformational period for the company, marked by the successful completion of the Goldera spinout and the rebranding to Erda Resource Opportunities," said Blake Rhodes. "These milestones have established Erda as a focused royalty and resource investment company with a strong balance sheet, a portfolio of quality assets and significant strategic flexibility. As chairman, I look forward to working closely with Rajesh, management and the board to build on this momentum, pursue value-accretive opportunities and deliver long-term shareholder value."

"We are delighted that Blake has agreed to assume the role of chairman of the board," said Rajesh Sharma, president and chief executive officer of Erda. "Blake brings deep mining industry expertise and a proven track record in strategy, business development and value creation. His leadership and perspective will be invaluable as we continue to execute our investment strategy, grow our portfolio and create long-term shareholder value."

The corporation also announces the launch of its new corporate website and the adoption of its new U.S. OTC trading symbol, ERDAF. Erda's common shares continue to trade on the TSX Venture Exchange under the symbol ERDA. The new OTC symbol aligns the corporation's U.S. market presence with its rebranding as Erda Resource Opportunities Inc. and strengthens the consistency of its revised corporate identity across capital markets.

These developments follow the successful spinout of Erda's exploration assets into Goldera Exploration Ltd., which trades independently on the TSX Venture Exchange under the symbol GERA. Erda currently retains a 17.7-per-cent interest in Goldera, providing shareholders with continuing exposure to its exploration success while enabling both companies to pursue distinct strategies and capital allocation priorities.

Following its rebranding and strategic transition, Erda is focused on building and monetizing a diversified portfolio of royalties, investments and other resource-focused financial assets through a disciplined, capital-light business model. The corporation intends to leverage its existing portfolio, industry expertise and record of identifying overlooked and undervalued opportunities across the natural resource sector.

The corporation also announces that it has granted an aggregate total of one million deferred share units at a deemed price of 15 cents per unit to directors of the corporation pursuant to the corporation's omnibus equity incentive compensation plan. Each DSU entitles the recipient to receive one common share of the corporation upon settlement. The DSUs awarded will fully vest on the first anniversary of the date of grant date, Sept. 11, 2027, and will settle on the DSU holder's termination of service with the corporation.

The corporation has also granted 3.75 million stock options to its director, officers and consultants pursuant to the corporation's equity incentive plan, exercisable into 3.75 million common shares of the corporation. The options are exercisable at 15 cents per common share, granted on Sept. 11, 2026, and expire five years from the date of grant, on Sept. 10, 2031. Except for options issued to investor relations, the options vest as follows: one-third upon grant, one-third on the first anniversary of the grant date and the remaining one-third on the second anniversary of the grant date. A total of 150,000 options issued to investor relations vest one-third after three months, one-third on the first anniversary and the remaining one-third on the second anniversary of the grant date. The options were granted pursuant to the corporation's omnibus equity incentive compensation plan.

About Erda Resource Opportunities Inc.

Erda Resource is a Canadian resource investment and royalty company focused on generating long-term shareholder value through strategic investments, royalties and financial instruments across the mining sector. Erda maintains a diversified portfolio of marketable securities, royalty interests, cash-generating assets and strategic investments while pursuing new accretive opportunities across multiple commodities and jurisdictions. The corporation's strategy is focused on growth, monetization and expansion of its portfolio, with an emphasis on disciplined capital allocation, strategic acquisitions and maintaining a capital-light business model.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.