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Erin Ventures Completes Private Placement


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2012-12-06 19:17:32 -

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.

On behalf of the Board of Directors,
Blake Fallis, General Manager

For further information, please contact: Erin's Public Quotations
Erin Ventures Inc. Canada TSX Venture : EV
Blake Fallis, General Manager USA SEC 12G3-2(B) #82-4432
Phone: 1-250- 384-1999 or OTCBB: ERVFF
1-888-289-3746 Europe Berlin: EKV
www.erinventures.com
645 Fort Street, Suite 203
Victoria BC V8W1G2
Canada

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

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. 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, 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.

To view this press release as a webpage, please click on the following link:
www.fscwire.com/pr/erinventuresdec062012.htm



Source: Erin Ventures Inc. (EV - TSX-V) www.erinventures.com
Maximum News Dissemination by FSCwire. www.fscwire.com


Author:
Fred Gautreau
e-mail
Web: www.fscwire.com
Phone: 14037173898

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