Received by email:
File: Shares for Debt news release 7 July 2015 (2).docx
ERIN VENTURES INC.
NEWS RELEASE
Erin Ventures Issues Common Shares in Satisfaction of Interest Payment to Convertible Debenture Holders
July 7, 2015
Erin Ventures Inc. ("Erin") [TSXV: EV] announces today that pursuant to the convertible debentures issued on April 10,
---> 2015, by way of private placement, for an aggregate total amount of $675,000 (collectively, the "Debentures") Erin ha
--->s issued a total of 174,653 common shares, priced according to the terms of the Debentures, at $0.06 per common share
--->in satisfaction of the interest payment owed by Erin of $10,479.45.
The common shares issued are subject to a four month and one day hold period. The shares for debt settlement is subjec
--->t to the final approval of the TSX Venture Exchange.
On behalf of the Board of Directors,
Blake Fallis, General Manager
About Erin Ventures
Erin Ventures Inc. is an international mineral exploration and development company with boron assets in Serbia and gol
--->d assets in North America. Headquartered in Victoria, B.C., Canada, Erin's shares are traded on the TSX Venture Exchan
--->ge under the symbol "EV". For detailed information please see Erin's website at www.erinventures.com or the Company's
--->filed documents at www.sedar.com.
Erin's 100% owned Piskanja project is a high-grade boron deposit with a NI 43-101 compliant mineral resource of 5.6 mi
--->llion indicated tonnes (30.8% B2O3), in addition to 6.2 million inferred tonnes (28.8% B2O3).
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
645 Fort Street, Suite 203 OTCBB: ERVFF Victoria BC V8W1G2 Europe Canada Berlin Stock Exchange: EK
--->V
James E Wallis, M.Sc. (Eng), P. Eng., a director of Erin, is the Qualified Person who supervised the preparation of th
--->e technical data in this news release.
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 press release may contain or refer to forward-looking information under Canadian securities legislation, includin
--->g statements regarding the timing of future mineral resource estimates and the PEA, estimation of mineral resources, e
--->xploration results, potential mineralization, exploration and mine development plans, timing of the commencement of op
--->erations and future production and is based on current expectations that involve a number of business risks and uncert
--->ainties. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar e
--->xpressions generally identify forward-looking statements. Forward-looking statements are subject to significant risks
---> and uncertainties, and other factors that could cause actual results to differ materially from expected results. Read
--->ers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ m
--->aterially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral res
--->ources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metall
--->urgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project
--->approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, ch
--->anges in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the develop
--->ment of projects and the other risks involved in the mineral exploration and development industry, as well as those fa
--->ctors discussed in the section entitled "Risks of the Business" in the Company's most recent regulatory filings which
--->are posted on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company
--->assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required
--->by applicable securities law. These and other factors made in public disclosures and filings by the Company should be
--->considered carefully.
© 2024 Canjex Publishing Ltd. All rights reserved.