Erin Ventures Announces Shareholders Approval of Share Consolidation
ERIN VE E ENTURE ES INC.
NEW WS RELEASE E
Erin Venture es Announc ces Shareh holders App proval of S Share Cons solidation
A August 11, 20 E Erin Ventures s Inc. ("Erin n" or the “Co orporation”)
) [TSXV: EV V] is pleased d to announce e that its sha areholders a approved the special reso olution to aut thorize the a amendment o of Erin’s artic cles to conso olidate the is ssued and ommon share for up to o outstanding common share es of the Cor rporation on the basis of o one post-con nsolidation co tion common shares at toda e every seven pre-consolidat ay’s special m meeting of sha areholders.
eir discretion granted S Subject to the approval of t the TSX Vent ture Exchang ge, Erin’s boar rd of director rs will use the y news release. The b by the special resolution to
- set a record date for the consolidation which will be e disclosed by
b board will be taking into co onsideration t the best intere ests of the Co orporation reg garding the ini itiation of the e al of the TSX X Venture Ex xchange for the propose ed c consolidation.
. The Corpora ation will seek k the approva c consolidation n.
T The details of f the matters p put before the e special meet ting and more e details rega arding the con nsolidation are e set forth in the manage ement inform mation circular r available un nder the Corp poration’s pro ofile on SEDA AR at www.s sedar.com a and mailed to shareholders s.
O On behalf of t the Board of D Directors, B Blake Fallis, G General Mana ager
A About Erin Ventures E Erin Ventures s Inc. is an in nternational m mineral explor ration and de evelopment co ompany with boron assets in Serbia Erin's shares are traded on a and gold assets in North A America. Head dquartered in n Victoria, B.C., Canada, E n the TSX V Venture Exc change unde er the symb bol "EV". F For detailed d information n please se ee Erin's w website at w www.erinvent tures.com or t the Company y's filed docum ments at www w.sedar.com.
P Piskanja is E Erin’s wholly owned high-grade boron n deposit with h an indicate ed mineral re esource of 7.
.8 million tonnes (averag ging 31 per c cent B2O3), in n addition to a an inferred re esource of 3.4 4 million tonn nes (averaging g 28.6 per c cent B2O3), c calculated in accordance w with the Can nadian Institu ute of Mining g Definition Standards on n Mineral R Resources and d Reserves (C CIM Standard ds).
Erin’s Public Quotations:
F For further inf formation, ple ease contact: E
E Erin Venture
es Inc. C
Canada
B Blake Fallis, G General Mana ager T TSX Venture e: EV P Phone: 1-250-
- 384-1999 or r 1-888-289-3 3746 U
USA
w www.erinvent tures.com S SEC 12G3-2( (B) #82-4432 645 Fort Stree et, Suite 203 O OTCBB: ERV VFF V Victoria BC V V8W1G2 E
Europe
Berlin Stock Exchange: EK C Canada B KV
J James E Wa allis, M.Sc. ( (Eng), P. En ng., a direct tor of Erin, is the Qual lified Person n who super rvised the his news release.
p preparation o of the technic cal data in th
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.