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El Nino Ventures Inc Resignation of Director
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ELN News May 26 20209
 

May 26, 2020 Rockport, ON, Canada -- El Nino Ventures Inc. (TSXV: ELN; OTCQB: ELNOF; FSE: E7Q.F). announces the retirement and resignation of Mr. Michael Neumann effective May 23, 2020. Mr. Neumann has been an extremely valuable member of the El Nino team. The board of directors and management would like to thank Mr. Neumann for his years of service and wish him well with his future endeavours.

About El Nino Ventures

El Nino Ventures Inc. (ELN) has in the past years been a base metals exploration company with its focus being on the Murry Brook Project in the Bathurst region of New Brunswick, Canada. ELN signed an option to purchase agreement regarding the sale of its interest on this project (news release: October 13, 2016) with Puma Exploration (Puma) for $3.1 million. A final payment of $1.0 million is due June 30, 2020. In the event Puma does not satisfy the conditions of the sale agreement, then ELN shall retain its 32.1% interest in the Murry Brook Project as well as receiving the geological information, reports, metallurgical tests and the surface copper zone drill sampling which to date represents about $2.4 million in exploration work completed on the Murray Brook Project since ELN entered into the original sale agreement with Puma. The Company continues to investigate new acquisitions for ELN, and plans to use the Prospector Generator model which reduces risk, share dilution and increases discovery potential.

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.

Cautionary Note Regarding Forward Looking Statements: 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.
 



 

 
 

You can view the Next News Releases item: Tue Jun 30, 2020, El Nino Ventures and Puma Exploration Extend Murray Brook Agreement 30 Days

You can view the Previous News Releases item: Mon Dec 23, 2019, El Nino Ventures Inc and Puma Exploration Inc. Amend the Terms of the Murray Brook Property Agreement

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