| Eros Converts Skeena Loan to Shares | |
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NR: 16-01
Eros Resources Corp. ('Eros') (TSX.V: ERC) has informed Skeena Resources Limited, subject to TSX Venture Exchange approval, that it will convert its $1.5 million loan into 25,000,000 Skeena common shares at a deemed price of $0.06 per share. In June of 2015, Eros originally earned an interest in the Spectrum property for a $1.5 million demand loan to be applied towards eligible exploration expenditures. The loan was convertible into Skeena shares at Eros' option. (See Skeena news release dated June 2, 2015.)
About Eros
Eros Resources Corp. is a well-financed Canadian public company focused on the exploration and development of mineral deposits in North America.
ON BEHALF OF THE BOARD OF DIRECTORS OF
EROS RESOURCES CORP.
Ron Netolitzky, President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information contact: Ron Netoilitzky, President/CEO or Tony Perri - Investor Relations, Manager
Suite 650, 1021 W. Hastings Street Vancouver, British Columbia, Canada V6E 0C3
Tel: (604) 688-8115 Fax: (604) 568-7695 Website: www.erosresourcescorp.com
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Eros Resources Corp.
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CODE : ERC.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Eros Resources is a exploration company based in Canada. Eros Resources is listed in Canada. Its market capitalisation is CA$ 1.7 millions as of today (US$ 1.2 millions, € 1.1 millions). Its stock quote reached its highest recent level on December 08, 2017 at CA$ 0.23, and its lowest recent point on April 25, 2024 at CA$ 0.04. Eros Resources has 41 866 354 shares outstanding. |