Eros Exercises Westcore Warrants
NEWS RELEASE
NR: 17-03
February 10, 2017
Eros Exercises Westcore Warrants
Vancouver, BC (February 10, 2017) Eros Resources Co rp. (TSX.V: ERC ) (“ Eros ” or the
Company ”) advises that on February 8, 2017, it exercised t wo million warrants in Westcore
Energy Ltd. (TSX.V: WTR ) (“Westcore”) at an exercise price of $0.15. By vi rtue of owning
greater than 10% of Westcore common shares on a ful ly diluted basis, Eros is considered an
insider of Westcore.
Prior to the transaction, Eros owned two million co mmon shares of Westcore, and two million
warrants, exercisable at $0.15 for common shares of Westcore. This represented a 6.85%
undiluted, or 12.82% partially diluted ownership pe rcentage of Westcore. Through the
exercise of these warrants, Eros’s ownership of Wes tcore increased to four million common
shares, representing 12.82% of the 31,193,689 outst anding shares of Westcore. The
Company has no remaining Westcore warrants.
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.
On behalf of the Board of Directors of
Eros Resources Corp. ,
Ron Stewart
President & CEO
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.
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.