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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Daytek77 who wrote (10069)11/11/2002 5:23:40 PM
From: Al Collard  Read Replies (1) of 11802
 
EV-v...in the news:

Erin Ventures 500,000-share private placement

Mon 11 Nov 2002

Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect
to a non-brokered private placement announced Aug. 21, 2002.
No. of shares: 500,000
Price: 15 cents per share
Warrants: 500,000 non-transferable share purchase warrants for
500,000 shares
Warrant price: 35 cents until June 10, 2003

Erin confirms closure of already-closed financing

Mon 11 Nov 2002

News Release

Mr. Blake Fallis reports

Erin Ventures, further to its report in Stockwatch on Aug. 19, 2002, has
confirmed the completion of a private placement of 500,000 units at a price
of 25 cents per unit, realizing total proceeds of $125,000. Each unit
consists of one common share and one share purchase warrant, each warrant
entitles the holder to purchase one additional common share at a price of
35 cents per share if exercised by Sept. 25, 2003. The units are subject to
a hold period expiring Jan. 9, 2003.
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