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ROCK.V ·

Eros Resources Corp. Grants Stock Options

Share Capital & Compensation

NEWS RELEASE

NR: 19-03

July 30, 2019

Eros Resources Corp. Grants Stock Options

Vancouver,

BC

(July

30,

2019)

Eros

Resources

Corp.

​

(TSX.V:

​

ERC

​

)

(“

​

Eros

​

”

or

the

“

​

Company

​

”)

announces

that

on

July

29th,

2019

it

has

granted

stock

options

to

acquire

a

total

of

2,400,000

common

shares

of

the

Company,

1,200,000

of

which

were

issued

to

its

directors

and

officers,

with

the

balance

issued

to

employees

and

contractors.

The

stock

options

expire

on

July

29nd,

2024

and

are

exercisable at the price of $0.08. The stock options granted are subject to a regulatory holding period.

About Eros

Eros

Resources

Corp.

is

a

Canadian

public

company

focused

on

the

exploration

and

development

of

resource

projects

in

North

America.

Eros

has

as

its

prime

business

objective

the

selection

of

strategic

investments

with

a

Canadian

focus

and

a

diverse

commodity

base.

The

Company’s

expertise

in

the

resource sector supports the selection of these strategic investments.

On Behalf of the Board of Directors of EROS Resources Corp.

Ronald K. Netolitzky

President & CEO

Cautionary note regarding forward-looking statements

Certain

statements

made

and

information

contained

herein

may

constitute

“forward

looking

information”

and

“forward

looking

statements”

within

the

meaning

of

applicable

Canadian

and

United

States

securities

legislation,

including,

among

other

things,

this

press

release

includes

references

to

mineral

resources

and

future

potential

forecast

economics

of

extracting

those

resources.

There

is

no

certainty

that

any

portion

of

the

resources

will

be

confirmed

with

greater

certainty.

If

confirmed,

there

is

no

certainty

that

it

will

be

commercially

viable

to

extract

any

portion

of

the

resource.

There

is

no

certainty

that

access

to

the

resource

area

will

be

re-established,

and

if

access

to

the

resource

area

is

blocked

for

an

extended

period

of

time,

or

permanently,

there

is

no

certainty

that

any

compensation

will

be

received

by

the

Company.

Forward-looking

information

involves

known

and

unknown

risks,

uncertainties

and

other

factors

that

may

cause

actual

results

or

events

to

differ

materially

from

those

expressed

or

implied

by

such

forward-looking

information,

including

the

re-establishment

of

physical

access

to

the

property,

the

availability

of

adequate

and

secure

sources

of

funding

to

construct

the

extraction

facilities

required

to

extract

the

mineral

resources,

prevailing

commodity

prices,

the

receipt

of

regulatory

approvals,

environmental

risks

and

the

performance

of

personnel.

While

the

Company

considers

its

assumptions

to

be

reasonable

as

of

the

date

hereof,

forward-looking

statements

and

information

are

not

guarantees

of

future

performance

and

readers

should

not

place

undue

importance

on

such

statements

as

actual

events

and

results

may

differ

materially

from

those

described

herein.

The

Company

does

not

undertake

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.

EROS Resources Corp.

For more information, please contact:

Suite 420 - 789 West Pender Street

Lubica Keighery

Vancouver, British Columbia,

VP Corporate Development

Canada, V6C 1H2

c: 778-889-5476

T: 604-688-8115

w: www.erosresourcescorp.com