Chairman's Message

ELN Chairman's Message Spring/Summer 2021

Spring/Summer 2021

Dear Shareholders:

On behalf of the Board of Directors, I am pleased to update you on the Business Plan for El Niņo Ventures, its progress to date, in 2021, and our Goals and Objectives for the balance of this year and beyond.
El Niņo Ventures Inc. is an Exploration Company, who for the last 10 years has focused on Exploration for Zinc, Lead, Copper and Silver, and gold on the East Coast of Canada. The Board of Directors has recently agreed to Management's request to look at diversifying the Company into other areas within the resource sector
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Harry Barr
Chairman & CEO

The Company has decided to sell, by way of option, the Company's Minority Interest, in our Joint Venture, with Votorantim Metals Canada Inc., more specifically our interest in the Murray Brook Polymetallic Project. The company is working with its joint venture partner to sell their combined interest in the Murray Brook Project.

Due to the fact Puma, who had an option to purchase Murray Brook, did not complete its buyout, ELN's interest in the project was returned and a 0.67% royalty (NSR) on the Murray Brook Project was granted to ELN.

The funds from the sale of ELN's Murray Brook interest will amount to a Non-Dilutive Financing for the Company and Management plans to use these funds to acquire new projects and will continue to search for high quality new projects and also look at diversifying the company.

COMMENTARY

The Junior Exploration sector, which suffered considerably, over the last nine (9) years, appears to have reached its bottom. Metal Prices have increased considerably and a vast number of savvy investors, industry analysts and mine investment companies feel demand for metals is expected to increase over the next few years due to world wide demand, and increased commerce on an international scale.

ELN Management and Directors continue to work diligently on acquiring financing for the Company and our Projects. Our January 2021 cash balance is approximately C$6 million with no debt in addition to approximately 600,000 puma shares plus 500,000 Puma Warrants, exercisable at C$0.25 until December. We look forward to continuing to provide you with updates on our go-forward plan for the balance of our activities in 2021 and beyond. On behalf of the Board of Directors, we thank you for your ongoing support.


For further information on your Company, please visit: www.elninoventures.com

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On behalf of the Board of Directors,

Yours sincerely,

"Harry Barr'"

Harry Barr
Chairman & CEO

 

Aug 2013