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 of Nuclear and Other Mineral Raw Materials" located in Belgrade, Serbia. Dr [...]
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. The warrants are subject to an accelerate expiry provision if the Company's [...]