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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based international mineral exploration and development company with its assets in Serbia. The Company is engaged in the acquisition, exploration, and development of its resource properties. Its project includes Piskanja. Piskanja is located in a historical mining region with infrastructure for mining, including roads, rail, electric power, experienced miners, and others. The site is situated 250 kilometers (km) south of Belgrade, Serbia, accessible by paved roads. Lithology at Piskanja is typical of sedimentary basins, primarily consisting of shales, marls, and limestone, with two primary gently undulating borate beds. The mineralization is primarily dense, compact colemanite with some ulexite. The Company’s subsidiary is Balkan Gold Corp.


TSXV:BONE - Post by User

Bullboard Posts
Post by Triple13on Nov 05, 2012 8:39am
215 Views
Post# 20561681

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NR

NEWS RELEASE PAGE

Headline: Erin Ventures Proposes Private Placement

Symbol: EV





Erin Ventures Proposes Private Placement



Victoria, British Columbia CANADA, November 05, 2012 /FSC/ - Erin Ventures Inc. (EV - TSX Venture), proposes to carry out a private placement of up to 15,000,000 Units at a price of $0.07 per Unit. If fully subscribed the placement would provide the company with 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 up to 10% may be paid. Each Unit will consist 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. This placement is subject to approval of the TSX Venture Exchange. There is no assurance that the placement will be completed in full or at all.





On behalf of the Board of Directors,

Blake Fallis, General Manager





For further information, please contact: Erin's Public Quotations:

Erin Ventures Inc. Canada

Blake Fallis, General Manager TSX Venture: EV

Phone: 1-250- 384-1999 or 1-888-289-3746 USA

www.erinventures.com SEC 12G3-2(B) #82-4432

645 Fort Street, Suite 203 OTCBB: ERVFF

Victoria BC V8W1G2 Europe

Canada Berlin Stock Exchange: EKV
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