Erin Ventures Completes Over-subscribed Private Placement
ERIN VENTURES INC.
NEWS RELEASE
Erin Ventures Completes Over-subscribed
Private Placement
December 22, 2017
Erin Ventures Inc. (" Erin") [TSXV: EV] is pleased to announce that it has completed its over-subscribed non-
brokered private placement offering initially announced on December 15, 2017 for an subscribed amount of
aggregate gross proceeds of $363,220.07
Pursuant to the terms of the private placement, Erin issued 4,035,778 units (“Units”) at a price of $0.09 per Unit.
Each Unit is comprised of one (1) common share (“Common Share”) and one (1) Common Share purchase warrant
(“Warrant”). The Warrants are exercisable for three (3) years at a price of $0.20 in the first year, $0.30 in the
second year and $0.40 in the third year.
The Warrants also have an acceleration clause whereby if the Common Shares trade on the TSXV at a price equal
or greater than the designated trigger price for more than twenty (20) consecutive trading days, Erin shall have the
right to give written notice to the holder requiring the holder to exercise the Warrant, in whole or in part, within a
period of thirty (30) days from the date of receipt of notice from Erin.
The Common Shares and Warrants comprising the Units will be subject to a four -month and one day hold period
in accordance with the policies of the TSXV and applicable securities legislation.
The net proceeds from this financing will be used to fund further development of its wholly owned Piskanja boron
project in Serbia, and for general working capital purposes.
This offering will be carried on a private placement basis pursuant to prospectus exemptions of applicable securities
laws and is subject to final acceptance by the TSX Venture Exchange. Finders’ fees of $10,737.50 will be paid to
arms-length finders in accordance with the rules of the TSX Venture Exchange Corporate Finance Manual.
On behalf of the Board of Directors,
Blake Fallis, General Manager
About Erin Ventures
Erin Ventures Inc. is an international mineral exploration and development co mpany with boron assets in 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 detailed information please see Erin's website at
www.erinventures.com or the Company's filed documents at www.sedar.com.
Piskanja is a high -grade boron deposit with a NI 43 -101 compliant mineral resource of 5.6 million indicated
tonnes (30.8% B2O3), in addition to 6.2 million inferred tonnes (28.8% B2O3).
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," "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. Thes e 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.