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Erin Ventures Announces Private Placement
April 1, 2008
Erin Ventures Inc. (TSX-Venture: EV) announces that it proposes to carry out a private placement of 4,000,000 units at a price of $0.06 per unit, for total proceeds of $240,000. Each unit will consist of 1 common share and 1 share purchase warrant; each warrant will have term of two years and an exercise price of $0.10 per share in the first year and $0.15 per share in the second year. This private placement is fully subscribed, but is subject to approval of the TSX Venture Exchange. Finder’s fees of up to 10% may be paid with respect to this private placement. The proceeds of this placement will be used for working capital purposes, and to fund exploration activities on the Corporation’s mineral properties.
On behalf of the Board of Directors,
Blake Fallis, General Manager
Erin Ventutures Inc.
Phone: 1-250- 384-1999 or 1-888-289-3746
www.erinventures.com
Whaler Capital Corp. (Investor Relations)
Phone: 1-604-331-4407 or 1-866-815-3427
www.whalercapital.com
Erin’s Public Quotations:
Canada
TSX Venture: EV
USA
SEC 12G3-2(B) #82-4432
OTCBB: ERVFF
Europe
Berlin Stock Exchange: EKV
Forward Looking Statements
This release contains forward looking statements. The words "believe," "expect," “feel,” "plan," "anticipate," “project,” “could,” “should” and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, variations in estimated costs, the failure to discover or recover economic grades of minerals, and the inability to raise the funds necessary for the continued operations of the Company, changes in external market factors including commodity prices, and other risks and uncertainties. Actual results could differ materially from the results referred to in the forward-looking statements.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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