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Erin Ventures Issues Common Shares in Satisfaction of Interest Payment to Convertible Debenture Holders

Financings Debt & Credit Facilities

ERIN VENTURES INC.

NEWS RELEASE

Erin Ventures Issues Common Shares in Satisfaction of Interest Payment to Convertible

Debenture Holders

June 1, 2017

Erin Ventures Inc. (" Erin") [TSXV: EV] announces today that it has completed the shares for debt settlement of

the outstanding interest payments owed to convertible debenture holders previously announced on May 31, 2016.

Erin issued a total of 443,293 common shares, priced according to the terms of the convertible debenture, at $0.06

per common share in satisfaction of the aggregate interest payments owed by Erin of $26,596.93.

The common shares issued are subject to a four month and one day hold period.

On behalf of the Board of Directors,

Blake Fallis, General Manager

About Erin Ventures

Erin Ventures Inc. is an internati onal mineral exploration a nd development company 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 de tailed information please see Erin's website at

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

Erin's 100% owned Piskanja project 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

James E Wallis, M.Sc. (Eng), P. Eng., a director of Erin, is the Qualified Person who supervised the preparation

of the technical data in this news release.

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 press release may contain or refer to forward-looking info rmation under Canadian securities legislation, including stateme nts

regarding the timing of future mineral res ource estimates and the PEA, estimation of mineral resources, exploration results, po tential

mineralization, exploration and mine development plans, timing of the commencem ent of operations and future production and is b ased on

current expectations that involve a number of business risks and uncertainties. The wo rds "believe," "expect," “feel,” "plan," "anticipate,"

“project,” “could,” “should” and other similar expressions generally identify forward-looking statements. Forward-looking stat ements are

subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from exp ected results.

Readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from any

forward-looking statement include, but ar e not limited to, failure to convert estimated mineral resources to reserves, capital and operating

costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failur es to obtain

required governmental, environmental or othe r project approvals, political risks, unc ertainties relating to the availability an d costs of

financing needed in the future, changes in equity markets, inflation, changes in exch ange rates, fluctuations in commodity prices, delays in

the development of projects and the other risks involved in the mineral exploration and developm ent industry, as well as those factors

discussed in the section entitled "Risks of the Business" in the Company's most recent regulatory filings which are posted on S EDAR at

www.sedar.com. These forward-looki ng statements are made as of the date hereof and the Company assumes no responsibility to upd ate

them or revise them to reflect new events or circumstances othe r than as required by applicable securities law. These and other factors

made in public disclosures and filings by the Company should be considered carefully.