Erin Ventures Inc. [TSXV: EV] announces that it has granted options to purchase an aggregate of 2,135,000 common shares at a price of $0.10 per share (the “Options”). The Options will expire in five (5) years. The Options were granted to directors, officers, employees and consultants pursuant to Erin’s Stock Option Plan.
Further, 521,429 of these newly granted options replace recently expired unexercised options which were previously granted to the same individuals. Erin has a total of 2,895,000 options outstanding (inclusive of this new issuance), equaling approximately 2.4% of the issued and outstanding common shares of Erin. Erin’s shareholder approved Rolling Stock Option Plan allows for the issuance of options totaling up to 10% of the company’s issued and outstanding shares.
On behalf of the Board of Directors,
Blake Fallis, General Manager
About Erin Ventures Inc.
Erin Ventures Inc. is an international mineral exploration and development company with boron assets in Serbia and gold assets in North America. Headquartered in Victoria, B.C., Canada, Erin shares are traded on the TSX Venture Exchange under the symbol “EV”. For detailed information please see the Erin website at www.erinventures.com or the Company filed documents at www.sedar.com.
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
645 Fort Street, Suite 203
Victoria, BC V8W 1G2
Erin 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.