Erin Ventures Inc. (TSXV: EV) has granted 5,000,000 incentive stock options pursuant to its Stock Option Plan at an exercise price of $0.10 per share, and expiring five years from the date of grant.
The options have been granted to seven of Erin’s Directors, Officers and Technical Advisors, including one recently appointed Director and two recently appointed Technical Advisors. Further, 1,750,000 of the 5,000,000 new options replace recently expired options which were granted to the same individuals. Erin will have a total of 7,805,000 options outstanding after this new issuance, equaling approximately 4.2% of the issued and outstanding common shares of Erin.
On behalf of the Board of Directors,
Blake Fallis, General Manager
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
Erin’s Public Quotations:
TSX Venture: EV
SEC 12G3-2(B) #82-4432
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.