Erin Ventures Inc

Published : December 04th, 2014

Erin Announces an Update to Previously Announced Private Placement

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Keywords :   Canada | Europe | K Street | Market | Serbia |

Erin Announces an Update to Previously Announced Private Placement

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Forward Looking Statements

This release contains forward looking statements. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, variations in estimated costs, the failure to discover or recover economic grades of minerals, and the inability to raise the funds necessary, changes in external market factors including commodity prices, and other risks and uncertainties. Actual results could differ materially from the results referred to in the forward-looking statements.

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December 2, 2014

Erin Ventures Inc. [TSX-Venture: EV] Erin will re-price its proposed private placement of up to 12,000,000 units from $0.06 per unit to $0.05 per unit with a full warrant exercisable at $0.15 for the first two years and with an exercise price of $0.30 in the third year.

The proceeds from this placement will be used to fund the Erin's exploration activities on its Piskanja, Serbia property and for working capital purposes. Erin may pay finders fees of up to 10% on this private placement. This proposed placement is conditional upon approval of the TSX Venture Exchange and receipt of subscriptions.

On behalf of the Board of Directors,
Blake Fallis, CFO

For further information, please contact:
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
645 Fort Street, Suite 203
Victoria, BC V8W 1G2
Canada

Erin Public Quotations:
Canada
TSX Venture: EV
USA
SEC 12G3-2(B) #82-4432
OTCBB: ERVFF
Europe
Berlin Stock Exchange: EKV

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.

Forward Looking Statements

This release contains forward looking statements. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, variations in estimated costs, the failure to discover or recover economic grades of minerals, and the inability to raise the funds necessary, changes in external market factors including commodity prices, and other risks and uncertainties. Actual results could differ materially from the results referred to in the forward-looking statements.

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Data and Statistics for these countries : Canada | Serbia | All
Gold and Silver Prices for these countries : Canada | Serbia | 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 STOPE BABY in Canada and PISKANJA in Serbia.

Erin Ventures is listed in Canada and in United States of America. Its market capitalisation is CA$ 15.6 millions as of today (US$ 12.5 millions, € 11.0 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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