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$372,100 NON-BROKERED PRIVATE PLACEMENT COMPLETED
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ELN News August 31, 2006

October 26, 2006, Vancouver, BC -- El Niņo Ventures Inc. ("El Niņo" or the "Company") TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q)) is pleased to announce that further to its news release of October 6, 2006, the Company has now completed a non-brokered private placement of 496,133 flow-through common shares at a purchase price of $0.75 per flow-through share for gross proceeds of $372,100.

In addition, the Company has also issued 34,729 non-flow-through shares and 49,613 non-flow-through share purchase warrants to purchase one additional common share at a purchase price of $0.75 until October 19, 2007 for finder fees in connection with this financing.

In compliance with Canadian securities laws, all of the securities issued in connection with this closing are subject to a hold period expiring on February 20, 2007.

About El Niņo Ventures Inc.

El Niņo is an exploration stage company whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Niņo Ventures has entered into an Option / Joint Venture Agreement with Xstrata Zinc Canada to explore the world class Bathurst Zinc / Base Metals Mining Camp in New Brunswick, Canada.  Currently the Bathurst project has a CDN$5 million budget of which 23,000 metres of drilling has commenced.  In addition to the Bathurst Mining Camp, El Nino Ventures continues to focus on advanced stage properties throughout Canada, Alaska and 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.

 
 

You can view the Next News Releases item: Mon Oct 30, 2006, El Niño Intersects Zn & Pb in First Drill Results at Bathurst

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