Non-brokered Private Placement
view PDF

ELN News Feb. 1, 2006


Vancouver, BC -- February 1, 2006.  El Nino Ventures Inc., (the "Company") wishes to announce a non-brokered private placement of up to 1,600,000 units at a purchase price of $0.25 per unit for gross proceeds of up to $400,000.  Each unit will consist of one common share in the capital of the Company and one non-transferable share purchase warrant (the "Warrant"), each Warrant entitling the holder thereof to purchase one additional common share (the "Warrant Share") of the Company for a period of two years from the closing date at a price of $0.30 per Warrant Share.
The proceeds from the private placement received from the sale of the units will be used for new acquisitions and working capital.
The foregoing is subject to regulatory approval.
On behalf of the board of directors
"Harry Barr"
Harry Barr, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
CUSIP# 28335E-10-6

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission. This email should not be construed as an offer to buy or sell securities of this company.


You can view the Next News Releases item: Thu Feb 16, 2006, El Nino Reports on Uranium Exploration Program, Bancroft Uranium Properties, Bancroft, Ontario

You can view the Previous News Releases item: Tue Nov 29, 2005, Second Phase of Uranium Exploration Complete, Bancroft Uranium Projects, Bancroft, Ontario

You can return to the main News Releases page, or press the Back button on your browser.