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FIRST TRANCHE FLOW-THROUGH UNIT BROKERED PRIVATE PLACEMENT $857,348.25 COMPLETED
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Jan. 08, 2007 - El Nino Ventures
January 8, 2007, Vancouver, BC -- El Niņo Ventures Inc. (the "Company") is pleased to announce that further to its news release of December 14, 2006 the Company has closed the first tranche of its brokered private placement and has issued a total of 1,558,815 flow-through units at $0.55 per flow-through unit for total proceeds of $857,348.25.  Each flow-through unit consisted of one flow-through common share and one common share purchase warrant with each warrant entitling the holder to purchase one additional common share of the Company at a purchase price of $0.65 until December 28, 2007.

In connection with the closing of the first tranche of this financing, the Company has paid $68,587.86 in commission and issued 124,705 broker warrants to Canaccord Capital Corporation.  Each broker warrant entitles the holder to purchase one common share at a purchase price of $0.55 until December 28, 2007.

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 29, 2007.

About El Niņo Ventures Inc.

El Niņo 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 Niņo's commitment of $5 million will be met, as stipulated in the Option/Joint Venture Agreement signed with Xstrata Zinc Canada in May 2006. Additional proceeds of this financing will be applied to the further acquisition of projects outside of Canada, and solidify El Niņo position as an aggressive international mineral exploration company.


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: Thu Jan 11, 2007, Exploration Update on the Bathurst Zinc Base Metals Mining Camp

You can view the Previous News Releases item: Wed Dec 27, 2006, $200,200 Non-Brokered Private Placement Completed

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