Erin Ventures Issues Common Shares in Satisfaction of Interest Payment to Convertible Debenture Holders
ERIN VENTURES INC.
NEWS RELEASE
Erin Ventures Issues Common Shares in Satisfaction of Interest Payment to Convertible Debenture
Holders
December 3, 2019
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 November 29, 2019 . Erin issued a total of 166,061 common shares, priced according to
the terms of the convertible debenture, at $0.10 per common share and pay an aggregate amount equal to
$3,910.70 in cash in satisfaction of the aggregate interest payments owed by Erin of $20,516.05 to the
outstanding debenture holders.
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 Inc.
Erin Ventures Inc. is an international mineral exploration and development company with boron assets
in Serbia. Headquartered in Victoria, B.C., Canada, Erin's shares are traded on the TSX Venture
Exchange under the symbol "EV" and the OTCQB Venture Market under the symbol “ERVFF”. For
detailed 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 USA
Blake Fallis, General Manager TSX Venture: EV OTCQB: ERVFF
Phone: 1-250- 384-1999 or 1-888-289-3746
[email protected] Europe
www.erinventures.com Berlin: 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 press release may contain or refer to forward -looking information under Canadian securities legislation, including statements
regarding the timing of future mineral resource estimates and the PEA, estimation of mineral resources, exploration results, potential
mineralization, exploration and mine development plans, timing of the commencement of operations and future production and is based on
current expectations that involve a number of business risks and uncertainties. The words "believe," "expect," “feel,” "plan, " "anticipate,"
“project,” “could,” “should” and other similar expressions generally identify forward -looking statements. Forward -looking statements are
subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from e xpected 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 are not limited to, failure to convert estimated mineral reso urces to reserves, capital and operating
costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or fail ures to obtain
required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of
financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity pr ices, delays in
the development of projects and the other risks invo lved in the mineral exploration and development 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 SEDAR at
www.sedar.com. These forward -looking statements are made as of the date hereof and the Company assumes no responsibility to update
them or revise them to reflect new events or circumstances other than as required by applicable securities law. These and other factors
made in public disclosures and filings by the Company should be considered carefully.