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$200,200 Non-Brokered Private Placement Completed
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Dec. 14, 2006 - El Nino Ventures

December 27, 2006, Vancouver, BC – El Niño Ventures Inc. (“El Niño” or the “Company”) TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q)) is pleased to announce that further to its news release of December 19, 2006, the Company has now completed its non-brokered private placement of 364,000 flow-through units at a purchase price of $0.55 per flow-through unit for gross proceeds of $200,200. Each flow-through unit consisted of one flow-through common share and one common share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase an additional non flow-through common share at a price of $0.65 for a period of 12 months from closing.

In addition, the Company has also issued 25,480 common shares 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 April 23, 2007.

About El Niño Ventures Inc.

El Niño is an exploration stage company in the midst of a 23,500 meter drill program on the Bathurst Zinc/Base Metals Mining Camp. This is the first part of a 50,000 meter drill program that began in Oct 2006 and will continue on until March 2008. This financing will fortify that El Nino’s commitment of $ 5 million will be met, as stipulated in the Option/Joint Venture Agreement signed with Xstrata Zinc Canada in May 2006.


On Behalf of the Board of Directors,
"Jean Luc Roy"
Jean Luc Roy 
President & COO

Further information: Toll Free 1.800.667.1870 or 604.685.1870
Email: info@elninoventures.com
Fax 604.685.8045, or visit www.elninoventures.com
2303 West 41st Avenue, Vancouver, BC Canada V6M 2A3

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 Jan 8, 2007, FIRST TRANCHE FLOW-THROUGH UNIT BROKERED PRIVATE PLACEMENT $857,348.25 COMPLETED

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