Victoria, British Columbia CANADA, September 27, 2013 /FSC/ - Erin Ventures Inc. (EV - TSX Venture), ("Erin") is pleased to announce that, subject to final approval by the TSX Venture Exchange, it has completed a non-brokered offering of 8,500,000 units ("Units") at a price of $0.07 per Unit for gross proceeds of $595,000 by way of a private [...]
Erin Ventures announces that, subject to regulatory approval, it intends to complete a non-brokered offering of up to 8,500,000 units at a price of $0.07 per Unit for gross proceeds of up to $595,000 by way of a private placement. Each Unit is comprised of one (1) common share and one (1) Common Share purchase warrant. Each Warrant entitles the [...]
Erin Ventures Proposes to carry out a private placement of up to 8,000,000 Units at a price of $0.07 per Unit. If fully subscribed the placement would provide the company with total proceeds of $560,000. The funds will be used to finance exploration and other expenses on the company's Piskanja boron project in Serbia and for working capital [...]
Erin Ventures has commenced the mining license approval process for its Piskanja boron property in Serbia. The requisite first step in the Serbian mineral exploitation licensing process is the submission of a Geological Elaborate to the Serbian Ministry of Mining, which Erin has now done. Erin's Geological Elaborate is the compilation of several [...]
Erin Ventures has granted 200,000 options at a price of $0.08 per share to a consultant and, subject to renewal of the agreement after 120 days, will grant a further option for another 200,000 shares at the then market price. The options will expire on the earlier of 5 years or the termination of the consulting agreement.
Erin Ventures has issued a total of 470,588 common shares, at a price of $0.085 per share in payment of $40,000 of the advisory fees payable to Byron Capital Markets Ltd. as the Company's financial advisor, as described in Erin's news release of February 26, 2013. The shares are subject to a hold period expiring August 19, 2013.
Erin is pleased to welcome Dr. Vladan Milosevic to its Board of Directors. Dr. Milosevic is a PhD. mining engineer with 20 years experience in the mining industry, who has recently served on Erin's Technical Advisory Board. Since 1997, Dr. Milosevic has held the position of Department Chief for Mineral Processing, at the "Institute for Technology [...]
Erin has now completed its recently announced private placement. The Company has issued a total of 9,421,140 units at a price of $0.07 per unit for total proceeds of $659,479.80. Each unit consists of one common share and one warrant. The warrants have a two year term with an exercise price of $0.15 in the first year and $0.30 in the second year [...]
