APD Advanced Primary Minerals Corporation

Erdene Resource Development Corp. ("Erdene") (TSX:ERD) and Advanced Primary
Minerals Corp. ("APM") (TSX VENTURE:APD) are pleased to announce the positive
results from the special meetings of shareholders held on October 26, 2012.


At the special meetings of the shareholders of Erdene and APM, the shareholders
of both companies voted in favour of a plan of arrangement ("Arrangement").
Under the terms of the Arrangement, Erdene will separate its North American
projects, consisting primarily of its 25% interest in the Donkin Coal Project,
from its Mongolian metals exploration projects, which will stay within Erdene.
The Donkin Coal Project will become the major asset of a new amalgamated company
to be called Morien Resources Corp. ("Morien"). Morien is to be listed on the
TSX Venture Exchange under the symbol "MOX". Erdene will continue under the same
name and trading symbol.


Under the terms of the Arrangement, the share capital of Erdene will be
reorganized and each existing Erdene share will be exchanged for one-half of one
"Erdene New Share" and one-half of one "Morien Share". Each existing shareholder
of APM other than Erdene will receive one "Morien Share" for every 7.85 shares
of APM that they own on the effective date.


Although the Arrangement was approved by the shareholders of Erdene and APM, it
will not be effective until it is approved by the Supreme Court of Nova Scotia
and final approvals are received from the Toronto Stock Exchange and the TSX
Venture Exchange. It is expected these approvals will be obtained within the
next ten days. Once the effective date is determined, a further news release
will be issued.


At the Erdene Meeting, the Erdene shareholders also approved a deferred stock
unit plan ("DSU Plan"), adopted by the Erdene board for the benefit of Erdene's
employees and directors to form a part of Erdene's overall compensation
strategy. The DSUs are intended to align the interests of directors and
employees with the shareholders by tying compensation to share price
performance. A detailed summary and the full text of the DSU Plan are included
in the circular sent to the Erdene shareholders in connection with the meeting,
which is available under Erdene's profile on SEDAR at www.sedar.com. 


Forward-Looking Statements

Certain information regarding Erdene and APM contained herein may constitute
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans, expectations, opinions,
forecasts, projections, guidance or other statements that are not statements of
fact. Although Erdene and APM believe that the expectations reflected in such
forward-looking statements are reasonable, they can give no assurance that such
expectations will prove to have been correct. Erdene and APM caution that actual
performance will be affected by a number of factors, most of which are beyond
their control, and that future events and results may vary substantially from
what they currently foresee. The forward-looking statements are expressly
qualified in their entirety by this cautionary statement. The information
contained herein is stated as of the current date and subject to change after
that date. 


NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENTS OF THIS RELEASE.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Erdene Resource Development Corp.
Peter C. Akerley, President and CEO


Ken W. MacDonald
Vice President Business Strategy and CFO
(902) 423-6419
info@erdene.com
www.erdene.com


Advanced Primary Minerals Corp.
Ken W. MacDonald, President and CEO
(902) 466-7255
info@advminerals.com
www.advminerals.com

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