Netolitzky and others buying at Eros Resources (ERC)

Netolitzky and others buying at Eros Resources (V:ERC)

Ronald W. Stewart, a Senior Officer and Director, acquired 1,250,000 Common Shares on a direct ownership basis at a price of $0.160 through a private transaction on June 20th, 2017. The insider also acquired 1,250,000 Warrants with an exercise price of $0.300 for 24 months. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Ronald Kort Netolitzky, a Director and 10% Holder, acquired 300,000 Common Shares on a direct ownership basis and 400,000 Common Shares on an indirect ownership basis for registered holder RRIF. The insider also acquired 150,000 Warrants on a direct ownership basis and 200,000 Warrants on an indirect ownership basis for registered holder RRIF. This represents a $112,000 investment into the company's shares and an account share holdings change of 17.0%.

Tom MacNeill, a Director, acquired 625,000 Common Shares on an indirect ownership basis for registered holder 49 North Resources Inc. and 312,500 Warrants. This represents a $100,000 investment into the company's shares and an account share holdings change of 54.4%.

Eros Resources is focused on the exploration and development of resource projects in North America. Eros also holds an investment portfolio which includes 48 million shares of Skeena Resources Ltd., 4.0 million shares of Westcore Energy Limited 6.75 million shares of Bullfrog Gold Corporation and a number of other equity positions in junior exploration companies.