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Non-brokered Private Placement
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ELN News May 26, 2006
Vancouver, BC -- May 26, 2006.  El Nino Ventures Inc. (the "Company") (TSX.V: ELN; OTCBB: ELNOF; FRANKFURT: E7Q) wishes to announce a non-brokered private placement of up to 8,750,000 units at a purchase price of $0.80 per unit for gross proceeds of up to $7,000,000.  Each unit will consist of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant.  Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of one year from the closing date at a price of $1.00 per share.

The Company has yet to determine whether a portion of the units to be issued will have flow-through privileges attached to them.  A finder's fee of up to 7% may be paid in cash and/or warrants.

The proceeds will be used for the first phase of the option / joint venture with Falconbridge Limited to explore the Bathurst Zinc / Base Metals Mining Camp in New Brunswick, as well as working capital and new acquisitions.
The foregoing is subject to regulatory approval.

About El Nino Ventures Inc.

El Nino is an exploration stage company currently developing an aggressive global acquisition strategy.  Our business model is to revisit former mining regions, apply new technologies to advanced stage exploration targets, and aggressively acquire new projects.  Our present focus is on Canada, Alaska, and Eastern / Central Europe.  In Canada, El Nino has an Option / Joint Venture with Falconbridge Ltd. to explore the world class Bathurst Zinc / Base Metals Mining Camp in New Brunswick.  The Company is also exploring for uranium in the Bancroft uranium camp in Ontario.  El Nino is currently negotiating on new projects in Alaska, and Eastern/Central Europe.  

On behalf of the board of directors
"Harry Barr"
Harry Barr, Chairman
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.

 
 

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