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November 16, 2012, Vancouver, BC;
El Nino Ventures Inc. ("ELN" and the
"Company") (TSX.V: ELN; OTCQX: ELNOF
Frankfurt: E7QN) announces that the
Company will proceed with the second
tranche of its non-brokered flow-through
and non flow-through private placement
for up to a combined 33,333,333 units
for total gross proceeds of up to
$3,000,000. The Company closed the first
tranche of the private placement on
October 2, 2012 for gross proceeds of
$1,351,452. The terms of the private
placement as announced September 7, 2012
remain unchanged.
The private placement terms and any
finder's fees payable are subject to
regulatory approval. The proceeds of
this private placement will be used to
fund the Murray Brook polymetallic
project in Bathurst, New Brunswick and
for general working capital.
About El Nino Ventures Inc.
El Niño Ventures Inc. is an
international exploration company,
focused on exploring for zinc, copper,
gold, silver and lead in New Brunswick,
Canada and copper/cobalt in the
Democratic Republic of Congo ("DRC").
On Behalf of the Board of Directors,
"John Oness"
John Oness, COO & Director
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. |
