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EL NINO VENTURES PROVIDES CORPORATE UPDATE
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ELN News Nov 6 2017
 

Nov 6, 2017 Vancouver, BC - El Niņo Ventures Inc. ("ELN" or the "Company") (TSXV: ELN; OTC Pink: ELNOF; FSE: E7Q) EL Nino Ventures ("ELN") is pleased to provide an update

ELN is actively vetting new projects with the objective of acquiring precious and base metal projects. ELN's team of professionals are geared towards building quality assets and will continue to do so.

Further to the May release (May 01, 2017) regarding the sale of ELN' interest in the Murray Brook Project as per the revised Puma Exploration deal, the second due payment from Puma of $400,000, postponed to May 10th, 2018, has been increased to $500,000 and will be added to the existing third payment of $1,000,000 due for May 10th, 2018 for a total amount of $1.5M.

In addition, the Company announces that it has granted 3,625,000 incentive stock options to directors, officers and consultants of the Company at an exercise price of $0.05 per share for a period of five (5) years from the date of grant in accordance with the Company's Stock Option Plan. The Stock Options granted will be subject to vesting restrictions and will vest quarterly over one (1) year from the date of grant. The options are subject to acceptance by the TSX Venture Exchange and will be subject to regulatory hold periods in accordance with applicable Canadian Securities Laws.


For more information on the Company please go to www.elninoventures.com


On Behalf of the Board of Directors

"Harry Barr"

Harry Barr
Chairman & CEO
El Nino Ventures Inc.


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.

 
 

You can view the Previous News Releases item: Mon May 1, 2017, EL NINO VENTURES MODIFYS ASSET PURCHASE AGREEMENT BY PUMA EXPLORATION

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