Erin Ventures Closes Issuance of Units in Satisfaction of Certain Outstanding Convertible Debentures
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ERIN VENTURES INC.
NEWS RELEASE
Erin Ventures Closes Issuance of Units in Satisfaction of Certain Outstanding
Convertible Debentures
April 13, 2020
Erin Ventures Inc. (" Erin " or the “ Company ”) [TSXV: EV] is pleased to announce that it has closed the issuance
of 8,799,901 Units in satisfaction of debt obligations to certain holders of amended and restated 12% interest bearing
convertible debentures (“ Debentures”) representing an aggregate principal amount equal to $295,000 and an
amount of accrued interest equal to $12,996.17 in f ull and final satisfaction of the Company’s obligat ions under
such Debentures.
Each Unit is analogous to the Units issued under th e recently announced private placement, comprised of one (1)
common share in the capital of the Company (a “ Share ”) and one (1) common share purchase warrant (each, a
“Warrant”). Each Warrant will have a three (3) year term ( the “ Exercise Period ”) and will be exercisable into
one (1) Share at a price of $0.075 in the first year and $0.10 thereafter per Share over the Exercise Period.
The Units are subject to a four-month hold period and the Exchange Hold Period as defined in the TSXV Corporate
Finance Manual.
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.
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:
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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 uncertainties including, without limitation, variations in estima ted 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.