Last C$0.05 CAD
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As of 12:37 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

erin ventures inc (EV) Snapshot

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erin ventures inc (EV) Details

Erin Ventures Inc., a junior mining and exploration company, engages in the acquisition, exploration, and development of precious metal properties. The company primarily explores for gold and boron deposits. It has interests in the Piskanja boron deposit that is located to the south of Belgrade, Serbia; and the Deep River Gold Project, which is located to the southwest of Raleigh city, central North Carolina. The company was incorporated in 1993 and is headquartered in Victoria, Canada.

Founded in 1993

erin ventures inc (EV) Top Compensated Officers

Chief Executive Officer, President, Treasurer...
Total Annual Compensation: C$111.6K
Chief Financial Officer and General Manager
Total Annual Compensation: C$87.0K
Compensation as of Fiscal Year 2013.

erin ventures inc (EV) Key Developments

Erin Ventures Inc. Auditor Raises 'Going Concern' Doubt

Erin Ventures Inc. filed its Annual on Oct 28, 2014 for the period ending Jun 30, 2014. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Erin Ventures Inc. Announces Executive Changes

Erin Ventures Inc. announced that James Wallis, M.Sc. (Eng), P. Eng. back to its Board of Directors. Jim previously served as a Director of Erin from 1997 until 2008. He has also recently acted as a member of the company’s Technical Advisory Board, in addition to having held the position as Project Manager on the company’s Piskanja Project until February of 2014. Mr. Wallis has 40 years of experience in all phases of mineral exploration and mine development, and is a registered professional engineer in the association of professional engineers and Geoscientists of B.C. He has held senior mine management positions throughout the world, as well as having acted as a consultant with companies such as Noranda, Kerr Addison, U.S. Borax, Amax and others. While employed as the Mine Engineer at the Allan Potash Mine, Mr. Wallis was instrumental in the development of the mine from shaft sinking to the design and selection of underground mining equipment for a large-scale trackless mining operation. Additionally, he spent time at U.S. Borax operations in California evaluating the economics of their mining operations, while gaining knowledge and experience in boron production. Since 1996, Mr. Wallis has been an integral member of the company’s team regarding the exploration of the company’s Piskanja boron deposit. Along with serving on the Board of Directors, Mr. Wallis will also serve on the company’s audit committee. This appointment is subject to TSX approval. Mr. Wallis replaces Mr. Paolo Bonini on the company’s Board, who was compelled to resign recently for personal reasons. Mr. Bonini remains the CEO of Società Chimica Larderello. Mr. Bonini reiterates that SCL is very encouraged by the recent positive results in the company’s preliminary economic assessment, and SCL remains committed to forming a strategic alliance with Erin for the advancement of the Piskanja boron project to the mutual benefit of both companies, despite Paolo's resignation from the company’s board.

Erin Ventures Inc. Signs Marketing Agreement with Junior Gold Report

Erin Ventures Inc. announced the signing of a marketing agreement with Junior Gold Report (JGR). Under the terms of the agreement, JGR will provide the company with marketing support for a period of 12 months, commencing February 20, 2014, for a total of $31,000 plus GST. Subject to TSX Venture approval, compensation for such services will be as follows: first: initial $7,000 will be satisfied by the issuance of 100,000 common shares at a deemed price of $0.07, immediately upon TSXV approval; In lieu of TSXV approval on the share issuance, a cash payment of $3,500 plus GST; and Balance satisfied by monthly payments of $2,000 plus GST due and payable to JGR on the first of each month.


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