El Nino Ventures Inc. announces increase in brokered private placement financing


    VANCOUVER, Aug. 29 /CNW/ - El Nino Ventures Inc. (the "Company") (TSX.V:
ELN; OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce that further to is
news release of August 9, 2007, it has amended the terms of the previously
announced private placement with Cormark Securities Inc. and Haywood
Securities Inc. to increase the size of the offering to 5,888,889 units for
total proceeds of $5,300,000, subject to the approval of the TSX Venture
    The proceeds from the financing will be used for exploration, drilling,
and engineering at the Company's properties in the Democratic Republic of
Congo and for general corporate purposes.
    The securities proposed to be offered in the private placement have not
been registered under the U.S. Securities Act of 1933, as amended, and may not
be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements.
    This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be any sale of
the securities in any state or other jurisdiction in which such offer,
solicitation or sale would be unlawful.

    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.
    CUSIPNo. 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.

For further information:

For further information: Tel: (604) 685-1870, Toll Free: 1-800-667-1870,
Fax: (604) 685-8045, Email: info@elninoventures.com, Or visit

Organization Profile

El Nino Ventures Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890