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Erdene Resource Development Corporation press release

Ubika Mining 30 Index of Promising Junior Mining Companies Released: Weekly Top Gainer: TSXV: GER

TSX - Toronto Stock Exchange · Gold · Silver · Lead · Zinc · Molybdenum · Antimony · Copper · Canada

Toronto, Canada: Ubika Research is pleased to release the weekly performance (week ending July 27th 2012) report for “The Ubika Mining 30”, it’s index of thirty (30) high potential junior mining (non-gold) companies.

Top Ubika Mining 30 market value gainers for the week of (July 23rd – July 27th 2012) include Glen Eagle Resources Inc. (TSX VENTURE: GER) (CVE: GER) and IC Potash Corp. (TSX: ICP) (TSE: ICP).

To view all of the companies in the Ubika Mining 30 Index (non gold), their relative performance vis-à-vis the TSX Venture Index, read the weekly performance report, follow breaking news about the Index constituents, read research reports and view CEO video interviews, please visit: http://www.smallcappower.com/ubika-mining-30.aspx.

The July monthly company spotlight is on Argex Mining Inc. (TSXV: RGX). Argex Mining is under Ubika Research coverage. Please visit the following company information hub below to view research reports, analyst commentary and CEO video interviews: http://www.smallcappower.com/companies/argex-mining-inc/home.html

The Ubika Mining 30 Report

This free downloadable report provides a weekly summary of the key performance data for “The Ubika Mining 30 Index” and its constituents. It also compares the performance of “The Ubika Mining 30 Index” versus the benchmark TSX Venture.

Apart from the performance of the Index and change in market value of each company in the Ubika Mining 30 list, we also provide a summary of major news events related to these companies and highlight one or more companies in the weekly Ubika Mining 30 Report. To download your free report please visit: http://www.smallcappower.com/ubika-mining-30.aspx

About Ubika Research

Ubika Research is an investment research and capital market services firm based in Toronto and Vancouver with a proven track record of identifying and launching coverage of high potential small cap stocks (<$1 billion) at an early stage. For more information visit ubikaresearch.com

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://smallcappower.com/disclosure.aspx

For additional information contact: Vikas Ranjan, Managing Director Ubika Research Email: vikas@ubikacorp.com Phone: 416-647-352-2666

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