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InvestmentPitch Media Video Discusses Erin Ventures Partnership to Advance Piskanja Borate Project in Serbia - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2018) - Erin Ventures Inc. (TSXV: EV) ...
About this update from Boron One Holdings Inc
[{"type":"text","content":"InvestmentPitch Media Video Discusses Erin Ventures Partnership to Advance Piskanja Borate Project in Serbia - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - June 20, 2018) - Erin Ventures Inc. (TSXV: EV) has entered into a strategic partnership option agreement with a London based commodity investment specialist, referred to as \"InvestCo\". As InvestCo is currently engaged as an integral part of an IPO process of a substantial mining complex, Erin is unable to divulge the company's identity at this time.InvestmentPitch Media has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Erin\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/video/0_m7tt6u7m/Erin-Ventures-New-Partnership-Advances-Boron-Project-in-SerbiaUnder the terms of the Agreement, InvestCo has the right to make equity investments in two tranches, totaling US$20.135 million, with the proceeds to be used for the advancement of Erin's wholly-owned Piskanja Borate Project. Piskanja, located 250 kilometres south of Belgrade, Serbia, is in a historical mining region with good infrastructure for mining, including roads, rail, electric power, and experienced miners.Piskanja is a high-grade boron deposit with an indicated mineral resource of 7.8 million tonnes, averaging 31 percent boron oxide, and an inferred resource of 3.4 million tonnes, averaging 28.6 percent boron oxide. For more information please refer to the NI 43-101 report on Sedar.comFor those unfamiliar with boron, it is difficult to comprehend its variety of uses in construction, manufacturing, medicine, science, microelectronics, pharmaceuticals, telecommunications, space travel, communication satellites, specialty metals, battery technology and more.Tim Daniels, President, stated: \"I am very excited by this development. This agreement provides an opportunity to significantly grow our shareholders' value by creating a funding plan which matches our development milestones, allowing for the rapid advancement of our boron project, first to a feasibility study stage, and then into mine development and construction. In addition, we are building a formidable team that combines Erin's mineral exploration and mine development expertise and extensive knowledge of Serbia, wit...