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EL NINO VENTURES INC. ANNOUNCES CLOSING OF 1ST TRANCHE OF PRIVATE PLACEMENT AND SHARES FOR DEBT
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ELN News june 30 2014

June 30, 2014 Vancouver, BC - El Niņo Ventures Inc. ("ELN") (TSX.V: ELN OTC Pink: ELNOF FRANKFURT: E7Q), is pleased to announce that it has completed the first tranche closing of its non-brokered flow-through and non flow-through private placement for gross proceeds of $271,300.

The Company issued 3,875,715 non flow-through units (NFT Units) at a price of $0.07 per NFT Unit. Each NFT Unit consists of one common share and one-half of one non-transferable share purchase warrant ("Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of 12 months from the closing date at a price of $0.14, subject to an accelerated expiry, such expiry being accelerated to 30 days in the event the Company's shares having closed at or above a price of $0.25 per share for 10 consecutive trading days on the TSX Venture Exchange. The proceeds of this private placement will be used for potential acquisitions, investments and general working capital.

The Company has also completed a shares for debt, whereby certain creditors have agreed to settle certain debts with the Company totaling $150,000. The Company issued 2,000,000 shares at a price of $0.07 per share and 142,857 units ("Units) at a price of $0.07 per Unit in connection with the shares for debt. Each Unit consists of one common share and one-half of one non-transferable share purchase warrant ("Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of 12 months from the closing date at a price of $0.20, subject to an accelerated expiry, such expiry being accelerated to 30 days in the event the Company's shares having closed at or above a price of $0.25 per share for 10 consecutive trading days on the TSX Venture Exchange.

All securities issued are subject to a 4 month and one day hold period which expires on October 31, 2014.

On Behalf of the Board of Directors,


On Behalf of the Board of Directors


"Harry Barr"

Harry Barr
Chairman & CEO
El Nino Ventures Inc.


Further Information: Tel: +1 604 685 1870 Fax: +1 604 685 8045
Email: info@elninoventures.com or visit www.elninoventures.com
650-555 West 12th Avenue, City Square, West Tower, Vancouver, B.C., Canada, V5Z 3X7


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements. Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as "continue", "efforts", "expect", "believe", "anticipate", "confident", "intend", "strategy", "plan", "will", "estimate", "project", "goal", "target", "prospects", "optimistic" or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company's ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

 
 

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