Erin Ventures Update of Corporate Matters
ERIN VENTURES INC.
NEWS RELEASE
Erin Ventures Update of Corporate Matters
September 27, 2017
Erin Ventures Inc. [TSXV: EV] (“Erin”) ann ounces the following updates to certain previously
announced ongoing activities, regarding its boron assets in Serbia.
Potential Strategic Partner
Further to Erin’s news release dated March 22, 2017, Erin is pleased to report that the potential strategic
partner mentioned in that release has now comp leted an extensive and intensive due diligence
assessment of Erin’s Piskanja boron project. This assessment was conducted over the past several
months, drawing upon both the potentia l partner’s internal expertise, as well as that of independent
industry experts which they retained to aid in the analysis. The asse ssment has concluded that Piskanja
is a project of merit, leading both Erin and the pote ntial partner to conclude that a working relationship
may be of interest, subject to mutually beneficial economic and strategic parameters being agreed upon.
This prospective partner meets Erin's criteria as a suitable partner because of its ability to provide capital
required to advance the Piskanja project towards production, as well as mining expertise, and boron-
specific expertise (including boron derivatives). Due to the nature of the boron market, Erin believes that
its best course of action to effectively penetrate the market in a timely manner while maximizing returns
to shareholders, is to secure stra tegic partners who are well establis hed in various facets of the tightly
controlled boron industry - from production, to sales, to the manufacture of boron-derivative products.
Pobrdje Boron Mine Commercial Agreement
Further to Erin’s news release da ted February 28, 2017, Erin is please d to report that progress is being
made regarding the consummation of a commercial ag reement between Erin and the management of the
government-owned Pobrdje Boron Mine, located in cl ose proximity to Erin’s Piskanja project. The
terms of the agreement have been agreed upon, subj ect to formalization of the documentation, and the
vetting and final approval by the requisite Serbian authorities.
As previously reported, this tran saction would aid in the de-risking of the development of Erin’s
Piskanja boron project by generating positive cash flow that could contribute materially towards the
capex required to construct a mine at Piskanja, thereby helping to reduce the dilution to Erin’s
shareholders. Additionally, the Pobrdje project would be an important pilot project for Erin, allowing for
the development of market share, worker training, a nd the gain of technical expertise in the mining and
processing of boron.
Cautionary Note
There can be no assurance given that either of these proposed agreements will be successfully
consummated. However, the interested parties unders tand the benefit to all th e various stakeholders
involved, and are working earnestly to complete these transactions.
Erin will release further information on these matters if, as, and when binding agreements have been
signed.
On behalf of the Board of Directors,
Blake Fallis, General Manager
About Erin Ventures Inc.
Erin Ventures Inc. is an international mineral ex ploration and 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 detailed 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 deposit with an in dicated mineral resource of 7.8
million tonnes (averaging 31 per cent B 2O3), and an inferred resource of 3.4 million 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
645 Fort Street, Suite #203 TSXV: EV
Victoria, BC USA
Canada V8W1G2 SEC12G3-2(B)#82-4432
Blake Fallis, General Manager OTCBB: ERVFF
Phone: 1-250- 384-1999 or 1-888-289-3746 Europe
www.erinventures.com Berlin: EKV
The technical information in this release was prepared and approved by James E Wallis, M.Sc.
(Eng), P. Eng., a director of the company, who is a Qualified Person under National Instrument
43-101.
Neither the TSX Venture Exchange nor its Regulati on Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accep ts responsibility for the adequacy or accuracy
of this release.
Forward Looking Statements:
This press release contains or refers to forward-l ooking 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, e xploration and mine developm ent plans, timing of the
commencement of operations and future production and is based on current expe ctations that involve a number of
business risks and uncertainties. The words "believe," "exp ect," “feel,” "plan," "anticipate," “project,” “could,”
“should” and other similar expressions generally iden tify forward-looking statements. Forward-looking
statements are subject to significant risks and uncertainti es, and other factors that could cause actual results to
differ materially from expected results. Readers shoul d 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 res ources to reserves, capital and operating costs varying
significantly from estimates, the preliminary nature of metallu rgical test results, delays in obtaining or failures to
obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to
the availability and costs of financing needed in the future, ch anges in equity markets, inflation, changes in
exchange rates, fluctuations in commodity prices, dela ys in the development of projects and the other risks
involved in the mineral exploration an d 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 ma de as of the date hereof and the Company assumes no
responsibility to update them or revise them to reflect new events or ci rcumstances 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.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred
Resources" have a great amount of uncertainty as to thei r existence, and economic and legal feasibility. Investors
are cautioned not to assume that all or any part of an inferred mineral resour ce reported in this news release will
ever be upgraded to a higher category or to reserves. U. S. persons are advised that while mineral resources are
recognized under Canadian regulations, the U.S. Secur ities and Exchange Commission does not recognize them.
U.S. persons are also cautioned not to assume that all or any part of an inferred mineral resource is economically
or legally mineable.