Erin Ventures settles $159,001 of debt

Erin Ventures Inc
EV

Shares issued 24,843,095
Oct 24 close $0.33

Friday 25 Oct 2002 

News Release

Mr. Blake Fallis reports

SHARE FOR DEBT SETTLEMENT

Erin Ventures has agreed to settle $159,001 of debt by the issuance of a total of 365,000 common shares at per-share prices of 34.8 cents and 49 cents per share. This is in addition to the proposed debt settlement announced in Erin's press release dated Oct. 11, 2002. The proposed settlement of debt by the issuance of shares is subject to the approval of the TSX Venture Exchange.

(c) Copyright 2002 Canjex Publishing Ltd. http://www.stockwatch.com

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