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Erin Ventures Completes Private Placement

Victoria, British Columbia CANADA, December 06, 2012 /FSC/ - Erin Ventures Inc. (EV - TSX Venture), The company's private placement of 15,000,000 Units at a price of $0.07 per Unit is now fully subscribed for total proceeds of $1,050,000. The funds will be used to finance exploration and other expenses on the company's Piskanja boron project in Serbia and for working capital. Finders' fees of $46,445 will be paid respecting this placement. Each Unit consists of one common share and one warrant. The warrant will have a two year term with an exercise price of $0.15 in the first year and $0.30 in the second year, with an accelerated exercise clause if the shares trade at $0.30 in the first year or $0.40 in the second year. The closing of the placement is subject to final approval of the TSX Venture Exchange.

Shares Outstanding: 182,114,000
 
aus der Diskussion: Das Miner ÜBEL-Wann hört die massenhafte Verwässung auf!!!!???
Autor (Datum des Eintrages): dosto  (17.12.12 10:26:59)
Beitrag: 72 von 206 (ID:43934280)
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