Investments & Marketable Securities
Champion Iron
2.7 million shares in Champion Iron Ltd. (TSXV:CIA), these shares earn an annual dividend income of ~$0.5 million (2025). Champion is a high-purity iron ore producer with operations in Canada and Norway. Champion owns and operates the Bloom Lake Mining Complex near Fermont, Quebec.
EDM Resources
EDM Resources (TSXV:EDM) is a near term zinc producer and cash flow generating asset in the Tier 1 jurisdiction of Nova Scotia. Scotia Mine is a near-ready asset reactivation operation with existing mine and mill, long mine life supported by NI 43-101 Mineral Ore Reserves and untapped resources. 2021 PFS yielding pre-tax NPV of C$174M, IRR of 69%.
Goldera Exploration
17.7% in Goldera Exploration Ltd. (TSXV:GERA), as part of a strategic exploration asset spin-out from Fancamp Exploration Ltd. Goldera is focused on unlocking value through systematic exploration of district-scale gold and copper projects in Ontario, Québec and New Brunswick, with interests in certain projects in Yukon’s Tombstone Belt.
PTX Metals
Equity interests in PTX Metals (CSE:PTX), advancing a 232 km² land package ‘Shining Tree / GoldCo JV’ in Ontario's Abitibi along Ridout–Tyrrell Deformation Zone, a major gold-bearing corridor linking the Borden, Côté, Juby camps, under a scalable joint venture with Goldera Exploration. Together, the PTX shareholding, warrant position and GoldCo joint venture exposure via ERDA’s holdings in both PTX and GERA provides diversified exposure to both equity upside and exploration success across a highly prospective Canadian gold district.
NeoTerrex Minerals
Investment in NeoTerrex Minerals Inc. (TSXV:NTX), advancing a portfolio of high-potential critical minerals and rare earth projects in Québec.  NeoTerrex is a key component of ERDA’s marketable securities portfolio, providing exposure to a Canadian-focused exploration company advancing rare earth element and critical mineral projects in Québec. ERDA holds meaningful participation in the potential value creation from NeoTerrex's exploration portfolio while maintaining exposure to the growing strategic importance of domestic RE supply chains.
Canadian Chrome Company (KWG)
Strategic interest in The Canadian Chrome Company Inc. (CSE:CACR), centered on its exposure to the Ontario Ring of Fire. ERDA’s holdings include approximately 1.9 million equivalent multiple-voting shares, and 4,044,453 warrants to acquire additional multiple-voting shares, in addition to a royalty on a key mineral claim near Wyloo’s proposed portal location and a secured convertible promissory note. Among CCC’s asset is the renowned Black Horse chromite deposit, which provides ERDA with long-term exposure to potential development in one of Canada’s most strategically significant critical-minerals districts.
Marketable securities
+$20M