BORON ONE HOLDINGS INC - ERVFF STOCK NEWS

Erin Ventures (TSXV: EV) plans to submit a Geological Elaborate to the Serbian Mining Ministry within 30 days, crucial for obtaining a 'Certificate of Reserves' as part of the mining license process for its Piskanja boron project. The project contains significant mineral resources, with a Measured Resource of 1.39 million tonnes at 35.59% B2O3 and an Indicated Resource of 5.48 million tonnes at 34.05% B2O3. The company aims to advance mining operations promptly following the formation of a new Serbian government.

Erin Ventures Inc. has successfully closed its early warrant exercise incentive program, which encouraged the exercise of 9,618,322 common share purchase warrants. 7,499,570 warrants were exercised, generating proceeds of $374,978.50 for working capital. Each participant received Incentive Warrants, allowing for the purchase of additional shares at $0.05 each until September 9, 2023. The program awaits final regulatory approval. It is deemed a positive step for the company's financing and investor engagement.

Erin Ventures Inc. has implemented a warrant exercise incentive program to encourage the early exercise of up to 9,618,322 unlisted common share purchase warrants at $0.05 each. The program runs from August 26, 2022, to September 9, 2022, and incentivizes warrant holders with additional purchase warrants. Expected outcomes include gross proceeds of up to $480,916.10 and the issuance of common shares and incentive warrants, subject to TSX Venture Exchange approval. Unexercised warrants will remain valid after the program ends.

Erin Ventures Inc. has filed an Independent Technical Report providing the Preliminary Economic Assessment (PEA) for its Piskanja boron project in Serbia, as required by NI 43-101. The report includes sensitivity analyses and has been approved by qualified professionals. Temas Resources Corp. may earn a 50% interest in the Piskanja project by issuing shares and incurring expenses. The company highlights potential for mineral resource estimates and future production, while cautioning investors on the inherent risks associated with forward-looking statements and mining operations.

Erin Ventures Inc. has announced the publication of an initial equity analyst research report by Nick Hatch from MMG Capital Limited. While the report is available for review, the company does not endorse or comment on the opinions or conclusions drawn within it. Erin Ventures, focused on mineral exploration with significant boron assets in Serbia, holds a Measured Mineral Resource of 1.39 million tonnes of boron. The report can be accessed from MMG Capital's website. Erin's shares trade on the TSX Venture Exchange under the symbol EV, and its OTC Pink symbol is ERVFF.

Erin Ventures Inc. has announced a positive Preliminary Economic Assessment (PEA) for its Piskanja boron project in Serbia, indicating a post-tax Net Present Value (NPV10%) of $524.9 million and an Internal Rate of Return (IRR) of 78.7%. The initial capital cost is projected at $79.9 million, with a payback period of just 12 months. The PEA estimates a gross project revenue of $2.02 billion and a net project cash flow of $1.21 billion over a mine life of 16 years. Average operating costs are set at $167.45 per tonne, with strong potential for resource expansion.

Erin Ventures Inc. announced a favorable Independent Technical Report and Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia. Key highlights include a post-tax Net Present Value (NPV) of $524.9 million, an Internal Rate of Return (IRR) of 78.7%, and a life of mine cash flow of $1.21 billion. Initial capital costs are estimated at $79.9 million with a payback period of just 12 months. The project has potential for resource expansion and aims to contribute to global decarbonization efforts.

Erin Ventures Inc. held its Annual General and Special Meeting on March 11, 2022, where shareholders approved all proposed resolutions. 66,314,387 common shares, representing 43.10% of the voting power, were present. Director nominees Tim Daniels, James Wallis, Vladan Milosevic, and Dusan Podunavac were all re-elected. Other resolutions included re-appointing Smythe, Chartered Accountants as auditor and re-approving the Stock Option Plan. Further details can be found in Erin's Information Circular dated January 10, 2022.

Erin Ventures, in collaboration with Temas Resources, reports advancements on the Piskanja Boron Project, detailing an updated Preliminary Economic Assessment (PEA) and Geological Elaborate. The new assessment, which surpasses the 2019 mineral resource estimate, enhances the complexity of the mineral deposit model, crucial for the certification of reserves necessary for the mining license process. The Piskanja deposit in Serbia holds an indicated mineral resource of 7.8 million tonnes at 31.0% B2O3, and an inferred resource of 3.4 million tonnes at 28.6% B2O3.