Financing ClosedErin Ventures six-million-share private placement
Ticker Symbol: C:EV
Erin Ventures six-million-share private placement
Erin Ventures Inc (C:EV)
Shares Issued 102,843,676
Last Close 12/14/2009
.10
Tuesday December 15 2009 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 2, 2009:
Number of shares:Six million units. Each unit consists of one common share and one common share purchase warrant.Purchase price:Five cents per unitWarrants:Six million share purchase warrants to purchase six million sharesWarrant exercise price:10 cents the first 12 months, and 20 cents in the next and final 12 monthsNumber of placees:12 placeesPro group participation:Kerry Chow, 500,000; Jacqueline Chow, 500,000; Roberto Chu, 100,000Finder's fee:$30,000 cash payable to PI Financial Corp.
2009 Canjex Publishing Ltd.
With this out of the way, it is time to rock and roll!