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Gold/Mining/Energy : Erin Ventures EV.ASE
EV 21.85+0.3%Apr 17 5:00 PM EST

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To: Daytek77 who wrote (493)2/20/2002 5:22:49 PM
From: ms.smartest.person  Read Replies (1) of 523
 
Proposal of New Private Placement

In addition to the Corporation’s proposes $250,000 private placement of Units at a price of $0.30 per Unit, (which remains subject to Stock Exchange approval), Erin Ventures Inc. proposes to carry out an additional private placement of 325,000 Units at a price of $0.30 per Unit, each Unit to consist of One Common Share and One Share Purchase Warrant with an exercise price of $0.60 per share, and an expiry date of February 15, 2003. No finders’ fees will be paid respecting this placement. The proceeds of this proposed private placement will be used to provide Erin Ventures Inc. with working capital and to pay existing liabilities.
For further information, please contact:
Blake Fallis, Manager Corporate Development
1-888-289-3746 or (250) 384-1999

THE CANADIAN VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISSAPPROVED THE INFORMATION CONTAINED HEREIN



erinventures.com
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