VANCOUVER, Oct. 12 /CNW/ - The Board of Directors is pleased to announce
the appointment of Jean Luc Roy as Chief Executive Officer and Director.
Morris Medd and John Royall have been appointed Directors and Michael Philpot,
a current Director, will act as the Lead Director.
El Nino also announces that Harry Barr has resigned as Chairman, CEO and
Director of the Company and Bernard Barlin has resigned as a Director of the
Company. Mr. Barr and Mr. Barlin have proven of great value to the Company in
its formative years and the Board wishes to thank them for their
Mr. Roy has over 20 years experience in the Mining Industry. The majority
of Mr. Roy's experience has been in Africa principally with International Gold
Resources, Ashanti Goldfields Inc., Semafo, and First Quantum Minerals Ltd. As
Managing Director of First Quantum Minerals Ltd. Mr. Roy played an integral
role in First Quantum's success in the Democratic Republic of Congo (DRC).
Mr. Philpot BSc, MBA, has been a director and/or executive officer of
several public companies for over 25 years. He currently holds an executive
position and directorship with CORO Mining Corp. Mr. Philpot has worked in the
mining industry since 1979 and has held various executive positions with
several mining companies including First Quantum Minerals Ltd.
Mr. Medd is an independent businessman. He retired as President of the
Redpath Group of Companies (1999-2004), world leaders in underground mine
development. He has served on the board of the Ontario Mining Association and
has over 40 years in mineral exploration world wide.
Mr. Royall BSc (Hons) P.Eng. has over 40 years experience in mineral
exploration in Canada, USA, Ireland, Chile, and Mexico including positions as
Manager of Canadian Exploration for Union Carbide Exploration Corporation, and
Director of Exploration, Precious Metals, Union Carbide Exploration
Corporation (1977-1983) and General Manager Exploration and Development,
Westfield Minerals Limited (1983-1990). Since 1990 Mr. Royall has worked as a
mineral exploration consultant.
About El Nino Ventures Inc.
El Nino Ventures is a junior exploration company, whose corporate
objective is to revisit former mining regions and apply the latest
technologies to advanced stage exploration targets. El Nino has acquired a
70% interest in over 350 square kilometers in the world renowned copper belt
in the Democratic Republic of Congo. In addition to our copper project in the
Congo, El Nino is currently in the middle of a 25,000 meter drill program on
the Bathurst Mining Camp via an option/joint venture agreement with Xstrata
On Behalf of the Board of Directors
Jean Luc Roy, President and CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
CUSIP No. 28335E-10-6
This news release contains certain "Forward-Looking Statements" within
the meaning of Section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the British
Columbia Securities Commission and the United States Securities & Exchange
Commission. This email should not be construed as an offer to buy or sell
securities of this company.
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