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Erin Abandons Panama Activities
Published : May 05, 2011
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Keywords :   Canada | Europe | Panama |

CALGARY, May 5 /CNW/ - Erin Ventures Inc. [TSXV: EV] announces that it has received information that mineral concessions for the Santa Rosa Mine in Panama have been awarded to a third party despite Erin's claim to the assets. It is the opinion of Erin's management that there is clear evidence of inappropriate actions by certain government departments, giving this third party an improper and unfair advantage in the concession process (as reported by Erin in a news release dated December 15, 2010).

In light of this development, coupled with the recent "anti-mining" attitude developing within Panama, management of Erin feels it prudent to abandon all activities in Panama until further notice.

On behalf of the Board of Directors,
Blake Fallis, General Manager

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

For further information, please contact:    Erin's Public Quotations:
Erin Ventures Inc.       Canada
Blake Fallis, General Manager       TSX Venture: EV
Phone: 1-250- 384-1999 or 1-888-289-3746    USA
www.erinventures.com        SEC 12G3-2(B) #82-4432
  OTCBB: ERVFF
  Europe
  Berlin Stock Exchange: EKV

Data and Statistics for these countries : Canada | Panama | All
Gold and Silver Prices for these countries : Canada | Panama | All

Erin Ventures Inc
EXPLORATION STAGE
CODE : EV.V
ISIN : CA29570H1010
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Erin Ventures is a exploration company based in Canada.

Erin Ventures holds various exploration projects in Canada and in Serbia.

Its main exploration properties are SANTA ROSA MINE and PISKANJA in Serbia and STOPE BABY in Canada.

Erin Ventures is listed in Canada and in United States of America. Its market capitalisation is CA$ 26.6 millions as of today (US$ 21.3 millions, € 20.0 millions).

Its stock quote reached its highest recent level on February 14, 1997 at CA$ 4.90, and its lowest recent point on September 01, 2017 at CA$ 0.02.

Erin Ventures has 312 780 000 shares outstanding.
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Project news of Erin Ventures Inc
4/27/2011(Piskanja). ("Erin") - STATUS OF EXPLORATION AT PISKANJA BORATE PR...
Corporate news of Erin Ventures Inc
12/4/2014Erin Announces an Update to Previously Announced Private Pla...
10/27/2014Erin Ventures Inc. Announces Proposed Private Placement
3/19/2014Erin Ventures Commences Preliminary Economic Assessment On I...
5/5/2011Abandons Panama Activities
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