El Niño Ventures Inc. Appoints New Director and Chief Financial Officer
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ELN News Feb 22 2010
February 22, 2010 Vancouver, Canada. El Nino
Ventures Inc. ("ELN" "Company") (TSX.V: ELN; FSE: E7Q) is pleased to
announce the appointment of John G. Oness as Director and Acting Chief Financial
Officer.
Mr. Oness has extensive experience and education in all aspects of corporate
management with strengths in strategic planning, business development and
investor relations for public companies. He has served as a director, executive
and consultant to public companies in the resource and non-resource fields over
a 20 year career.
On behalf of the Board and Management of the Company, we would like to thank the
former Chief Financial Officer Mr. Tony Mayer, who resigned to pursue other
interests, for his time and service to the Company and wish him the best with
his new endeavors.
About El Niño Ventures Inc.
El Niño Ventures is a mineral exploration company, focused on Copper/Cobalt
exploration in the Democratic Republic of Congo (DRC) See releases (Jan. 12,
2009, February 25, 2009). The Company holds a 50% interest in an extensive base
metal project located within the Bathurst mining camp. El Niño entered into an
option agreement with Votorantim Metals Canada Inc. and Xstrata Zinc Canada
whereby Votorantim may earn a 50% interest in El Niño's landholdings by
expending $10 million over 5 years and may further increase its interest in El
Niño's landholdings to 70% by expending an additional $10 million over a further
two years. Please see release (
August 6, 2009 news release).
On Behalf of the Board of Directors
"Harry Barr" Harry Barr, Chairman
and CEO
Further information:
Contact: Mark Feeney at
Telephone: +1.604.786.2387 Email:
Fax
604.683.4887, or visit www.elninoventures.com 2303
West 41st Avenue, Vancouver, B.C. Canada V6M 2A3
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 CUSIP#
28335E-10-6
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.
You can view the Next News Releases item: Fri Mar 5, 2010, El Niño Ventures Inc. Corporate Update - Democratic Republic of the Congo
You can view the Previous News Releases item: Wed Jan 27, 2010, El Nino Ventures Announces Non-Brokered Private Placement Close
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