Erin Abandons Panama Activities
06 May 2011 - 4:59AM
PR Newswire (Canada)
CALGARY, May 5 /CNW/ -- CALGARY, May 5 /CNW/ - Erin Ventures Inc.
[TSXV: EV] announces that it has received information that mineral
concessions for the Santa Rosa Mine in Panama have been awarded to
a third party despite Erin's claim to the assets. It is the opinion
of Erin's management that there is clear evidence of inappropriate
actions by certain government departments, giving this third party
an improper and unfair advantage in the concession process (as
reported by Erin in a news release dated December 15, 2010). In
light of this development, coupled with the recent "anti-mining"
attitude developing within Panama, management of Erin feels it
prudent to abandon all activities in Panama until further notice.
On behalf of the Board of Directors, Blake Fallis, General Manager
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. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/May2011/05/c9893.html p
/p table border="0" valign="top" tr td uFor further information,
please contact:/u /td td uErin's Public
Quotations:/u /td /tr tr td bErin Ventures
Inc./b /td td bCanada/b /td /tr
tr td Blake Fallis, General Manager
/td td TSX Venture: EV /td /tr tr td Phone: 1-250- 384-1999 or
1-888-289-3746 /td td bUSA/b /td /tr tr td a
href="http://www.erinventures.com"www.erinventures.com/a
/td td SEC 12G3-2(B) #82-4432 /td
/tr tr td /td td OTCBB: ERVFF /td /tr tr td /td td
bEurope/b /td /tr tr td /td td Berlin Stock Exchange: EKV
/td /tr /table
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