Entrée Resources Ltd.

09:38 AM EST - Entrée Resources Ltd. : Has commenced binding arbitration proceedings to seek declarations and orders for specific performance relating to certain provisions of the Equity Participation and Earn-in Agreement with Turquoise Hill Resources Ltd. dated October 15, 2004, as amended and subsequently assigned to Oyu Tolgoi LLC and the Joint Venture Agreement appended to the Earn-in Agreement. The parties have been operating under the JVA's terms since OTLLC completed its earn-in obligations on the Entrée/Oyu Tolgoi joint venture property in Mongolia in 2008. Both Turquoise Hill and OTLLC are respondents to the arbitration proceedings. Entrée Resources Ltd.
shares T.ETG are trading unchanged at $0.87.

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