Erin Ventures Announces Approval of Share Consolidation

ERIN VENTURES INC.

NEWS RELEASE

Erin Ventures Announces Approval of Share Consolidation

August 30, 2017

Erin Ventures Inc. (" Erin " or the “ Corporation ”) [TSXV: EV] announces that further to its press r elease of

August 25, 2017, the Corporation has received final approval by the TSX Venture Exchange for the consolidation

of the fully paid and issued common shares of the C ompany on the basis of one (1) post-consolidation c ommon

share for each seven (7) pre-consolidation common shares issued and outstanding (the “ Consolidation ”).

The Corporation’s common shares have begun trading on a post-consolidation basis effective today at ma rket

open. There were a total of 316,938,996 common shares issued and outstanding was reduced to 45,276,943.

Additionally, the number of common shares issuable pursuant to the Corporation’s stock option plan, wa rrants

and convertible securities will be adjusted, such t hat the number of consolidated common shares issuab le and the

exercise price of the outstanding options, warrants or convertible securities will be adjusted by the Consolidation

Ratio.

Letters of transmittal with respect to the Consolid ation were mailed to all registered Shareholder in connection

with the Meeting. Registered Shareholders will be r equired to send their respective certificates repre senting pre-

Consolidation common shares along with a properly e xecuted letter of transmittal to the Corporation’s transfer

agent, Computer Share Trust Company of Canada (“ Computershare ”), all in accordance with the instruction

provided in the letter of transmittal. All Sharehol ders who submit a duly completed letter of transmit tal, along

with their respective pre-Consolidation common shar e certificate(s) or DRS Advice to the Depositary –

Computershare Investor Services Inc., will receive a post-Consolidation DRS Advice representing their new post-

Consolidation common shares. Additional copies of t he letter of transmittal may be obtained by contact ing

Computershare at (800) 564-6253 or by email at [email protected] . Non-registered

Shareholders should follow the instructions of their broker or other intermediary.

Further details of the Consolidation are contained in the Corporation’s information circular dated as of June 7,

2017, prepared for the Meeting, available under the Corporation’s profile on SEDAR at www.sedar.com and

mailed to the Shareholders.

On behalf of the Board of Directors,

Blake Fallis, General Manager

About Erin Ventures

Erin Ventures Inc. is an international mineral expl oration and development company with boron assets i n Serbia

and gold assets in North America. Headquartered in Victoria, B.C., Canada, Erin's shares are traded on the TSX

Venture Exchange under the symbol "EV". For detaile d information please see Erin's website at

www.erinventures.com or the Company's filed documents at www.sedar.com.

Piskanja is Erin’s wholly owned high-grade boron de posit with an indicated mineral resource of 7.8 mil lion

tonnes (averaging 31 per cent B 2O3), in addition to an inferred resource of 3.4 milli on tonnes (averaging 28.6 per

cent B 2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral

Resources and Reserves (CIM Standards).

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: 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," "an ticipate,"

“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 unc ertainties 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 inclu ding commodity prices, and other risks and uncertai nties.

Actual results could differ materially from the results referred to in the forward-looking statements.