Contact: Ron Stewart, President & CE O
NEWS RELEASE
NR: 17-05
April 12, 2017
Contact: Ron Stewart, President & CE O
rwstewart@erosresources corp.com
647.409.0293
TSX.V: ERC
www.erosresourcescorp.com
Suite 650, 1021 West Hastings St.
Vancouver, BC, Canada V6E 0C3
604.688.8115
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS
Eros Announces Private Placement Financing
Vancouver, BC (April 12, 2017) Eros Resources Corp. (TSX.V: ERC ) (“ Eros ” or the
Company ”) proposes to raise up to $1.5 million through a n on-brokered private placement
financing via the issuance of 8.3 million units at a price of CDN $0.18 per unit, subject to TSX
Venture Exchange approval. Each unit will consist o f one common share and one half of one
share purchase warrant, with each full warrant enti tling the holder to acquire one additional
common share at an exercise price of $0.25 for a pe riod of 2 years from the closing date and
$0.30 for an additional year, up to 3 years from the closing date.
Certain directors, officers or other insiders of th e Company may participate in the Private
Placement and, collectively, their participation ma y exceed 25% of the total amount of the
financing.
All of the securities issued under this financing w ill be subject to a hold period of 4 months
and one day from the closing date of the offering. Finders' fees may be payable to qualified
finders in accordance with applicable regulations.
Funds from this financing will be used for general working capital purposes.
About Eros
Eros Resources Corp. is a well-financed Canadian pu blic company focused on the
exploration and development of resource projects in North America. Eros also holds an
investment portfolio which includes 48 million shar es of Skeena Resources Ltd., which is
advancing exploration on 3 exciting projects, Spect rum-GJ, Snip and the past-producing
Porter Idaho silver mine in the Golden Triangle of the Stikine Arch of northwestern British
Columbia. In February, Eros purchased an interest in three wells planned to be drilled into
the Flaxcombe oil field in Saskatchewan. Under the deal, Eros will hold a 90% interest until
its $1.6 million investment is recovered and share a 50% interest with the operator, Westcore
Energy Ltd.
We seek safe harbor.
On behalf of the Board of Directors of
Eros Resources Corp. ,
Ron Stewart
President & CEO
(647) 409-0293
Contact: Ron Stewart, President & CE O
rwstewart@erosresources corp.com
647.409.0293
TSX.V: ERC
www.erosresourcescorp.com
Suite 650, 1021 West Hastings St.
Vancouver, BC, Canada V6E 0C3
604.688.8115
Cautionary note regarding forward-looking statement s
Certain statements made and information contained h erein may constitute “forward looking information” and
“forward looking statements” within the meaning of applicable Canadian and United States securities le gislation,
including, among other things, information with res pect to this presentation. These statements and information
are based on facts currently available to the Compa ny and there is no assurance that actual results wi ll meet
management’s expectations. Forward-looking stateme nts and information may be identified by such terms as
“anticipates”, “believes”, “targets”, “estimates”, “plans”, “expects”, “may”, “will”, “could” or “woul d”. Forward-
looking statements and information contained herein are based on certain factors and assumptions regar ding,
among other things, the estimation of mineral resou rces and reserves, the realization of resource and reserve
estimates, metal prices, taxation, the estimation, timing and amount of future exploration and develop ment,
capital and operating costs, the availability of fi nancing, the receipt of regulatory approvals, envir onmental risks,
title disputes and other matters. While the Compan y considers its assumptions to be reasonable as of the date
hereof, forward-looking statements and information are not guarantees of future performance and reader s
should not place undue importance on such statement s as actual events and results may differ materiall y from
those described herein. The Company does not undert ake to update any forward-looking statements or
information except as may be required by applicable securities laws.
United States Advisory
The securities referred to herein have not been and will not be registered under the United States Sec urities Act
of 1933, as amended (the "U.S. Securities Act"), ha ve been offered and sold outside the United States to
eligible investors pursuant to Regulation S promulg ated under the U.S. Securities Act, and may not be offered,
sold, or resold in the United States or to, or for the account of or benefit of, a U.S. Person (as suc h term is
defined in Regulation S under the United States Sec urities Act) unless the securities are registered u nder the
U.S. Securities Act, or an exemption from the regis tration requirements of the U.S. Securities Act is available.
Hedging transactions involving the securities must not be conducted unless in accordance with the U.S.
Securities Act. This press release shall not consti tute an offer to sell or the solicitation of an off er to buy any
securities, nor shall there be any sale of securiti es in any state in the United States in which such offer,
solicitation or sale would be unlawful.
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.