April 26, 2006, Vancouver, BC -- El Nino Ventures Inc. (the "Company") (TSX.V: ELN) is pleased to announce that further to its news release of March 27, 2006, the Company has now completed a non-brokered private placement of 600,000 units at a purchase price of $0.40 per unit for gross proceeds of $240,000. Each unit consisted 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 until April 24, 2007 at a price of $0.50 per Warrant Share.
In compliance with Canadian securities laws, all of the securities issued in connection with this closing are subject to a hold period expiring on August 25, 2006.
On behalf of the board of directors,
Harry Barr, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
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.