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 that the plan
of arrangement ("Arrangement") involving Erdene, APM and Erdene Resources Inc.,
a wholly-owned subsidiary of Erdene, was approved by the Supreme Court of Nova
Scotia on November 1, 2012. The effective date of the Arrangement ("Effective
Date") will be November 9, 2012. 


At the special meetings of the shareholders of Erdene and APM, held on October
26, 2012, the shareholders of both companies voted in favour of the 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"). The shares of Morien ("Morien
Shares") will be listed on the TSX Venture Exchange under the symbol "MOX".
Erdene will continue under the same name and trading symbol. 


On the Effective Date, 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. On the amalgamation of APM and ERI, each
shareholder of APM (including Erdene) will receive one (1) common share of
Morien for every 7.85 shares of APM owned by such shareholder. Erdene will
distribute to the Erdene shareholders one-half of one Erdene New Share and
one-half of one Morien Share for each existing common share of Erdene.


Detailed disclosure of the Arrangement can be found in the management
information circulars prepared by each of Erdene and APM, dated September 25 and
26, 2012, respectively, both of which are available on SEDAR.


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Erdene Resource Development Corp.
Peter C. Akerley
President and CEO
(902) 423-6419


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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