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Swank Energy Income Fund of North America, Inc. is a non-diversified, closed-end investment company. The Company's investment objective is to obtain a high-total return with an emphasis on current income. It seeks to achieve this objective by investing at least 80% of the aggregate of its net assets and borrowings in securities of energy-related United States Royalty Trusts, Canadian Oil and Gas Trusts, Oilfield Services Trusts, Infrastructure Trusts and Alternative Energy Trusts (collectively, Energy Trusts), and master limited partnerships and limited liability companies (MLPs), including master limited partnerships and limited liability companies, which focus on exploration and production (E&P MLPs). Swank Energy Income Fund of North America, Inc. is managed by Swank Advisors, LP, a limited partnership (Swank Advisors).
El Nino investor Swank Energy discloses holding
2007-11-28 18:18 ET - News Release
Mr. Chris Cocotos of Swank Energy Income Advisors LP reports
SWANK ENERGY INCOME ADVISORS, L.P.: ACQUISITION OF COMMON SHARES OF EL NINO VENTURES INC.
The Dalrymple Global Resources Master Fund LP, on Aug. 30, 2007, acquired 2.34 million common shares and 1.17 million common share purchase warrants of El Nino Ventures Inc. The warrants entitle Dalrymple to acquire up to 1.17 million additional shares. Following the first acquisition, Dalrymple beneficially owned 3,204,700 shares and 1.17 million warrants of the issuer. Assuming the exercise of all warrants held by Dalrymple and assuming no other warrants of the issuer are exercised, together with its existing holdings, Swank Energy Income Advisors LP had control and direction over collectively 4,374,700 securities or 12.64 per cent of the issued and outstanding common shares of the issuer as at the date of the first acquisition.
Subsequent to the first acquisition, Dalrymple made further acquisitions and by Nov. 7, 2007, Swank Advisors had acquired a further 751,100 shares of the issuer. The second acquisition increased the number of securities over which Swank Advisors had control and direction to 3,955,800 shares and 1.17 million warrants. Assuming the exercise of all the warrants held by Dalrymple and assuming no other warrants of the issuer are exercised, Swank Advisors had control and direction over 14.8 per cent of the issued and outstanding common shares of the issuer as at the date of the second acquisition.
Subsequent to the second acquisition, Dalrymple made further acquisitions and as at the date hereof, Swank Advisors had acquired a further 291,300 shares of the issuer. The third acquisition increased the number of securities over which Swank Advisors had control and direction to 1.17 million warrants and 4,247,100 shares. Assuming the exercise of all the warrants held by Dalrymple and assuming no other warrants of the issuer are exercised, Swank Advisors had control and direction over 15.65 per cent of the issued and outstanding common shares of the issuer as at the date hereof.
The first acquisition by Dalrymple of the 2.34 million shares and 1.17 million warrants of the issuer was made pursuant to a subscription agreement, Dalrymple provided representations and warranties to the issuer with respect to its status as an exempt purchaser and purchase the securities at a price of 90 cents per unit (each such unit consisting of one share and one-half of one warrant). The purchases relating to the second acquisition and the third acquisition by Dalrymple were made on the open market.
The securities acquired by Dalrymple were made for investment purposes. Swank Advisors, as general partner, on behalf of Dalrymple or other entities may, from time to time, acquire additional securities of the issuer, dispose of some or all of the securities it holds, or may continue to hold its current positions. Swank Capital LLC is the general partner of Swank Energy Income Advisors LP, and Jerry V. Swank is the managing member of Swank Capital LLC.
To obtain a copy of the related early warning report filed with applicable securities commissions, please refer to the SEDAR website.
Somebody painting the tape at the close today.
15:57:42 V 1.14 +0.12 9,000 88 E-TRADE 46 Blackmont K
15:55:45 V 1.11 +0.09 500 1 Anonymous 88 E-TRADE K
15:55:45 V 1.11 +0.09 1,100 1 Anonymous 79 CIBC K
15:46:41 V 1.10 +0.08 500 73 Cormark 79 CIBC K
15:46:38 V 1.10 +0.08 42,400 73 Cormark 73 Cormark K
15:46:16 V 1.10 +0.08 500 73 Cormark 88 E-TRADE K
15:46:16 V 1.10 +0.08 4,000 73 Cormark 46 Blackmont K
15:46:16 V 1.10 +0.08 17,000 73 Cormark 33 Canaccord K
15:46:16 V 1.09 +0.07 500 73 Cormark 88 E-TRADE K
15:46:16 V 1.09 +0.07 1,100 73 Cormark 46 Blackmont K
El Nino Ventures Completes 7,000 Meter Drill Program on Copper Project in the Democratic Republic of Congo (DRC)
Wednesday November 28, 10:00 am ET
http://biz.yahoo.com/cnw/071128/el_nino_finshed_congo.html?.v=1
7,000 meter reverse circulation drilling program completed. - Samples being sent to ALS Chemex Laboratories in South Africa for analysis - Drill results expected in December - Currently negotiating property acquisitions in the DRC
VANCOUVER, Nov. 28 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce the completion of a 7,000 meter reverse circulation drill program on its Copper project, in the Democratic Republic of Congo.
All drill chip samples are being collected under strict supervision and will be assayed by ALS Chemex laboratories in South Africa. ALS Chemex is an internationally recognized and respected assay company. Results should start coming in towards the end of December.
Jean Luc Roy, President of El Nino states, "I am very pleased that we were able to complete 7,000 meters of drilling this season, it is a testament to our very efficient team in the DRC. The company's goal was to fast-track the initial exploration on our licenses and I strongly believe that by achieving our goal we have demonstrated our ability to operate in the DRC. This initial drill program will give our technical team substantial information which will be used to plan and prepare our 2008 exploration program. The next few months will be used to compile the data from the initial drill program during which we will also seek to increase our land position in the DRC."
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 Zinc.
On Behalf of the Board of Directors
(signed)
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
Tel: (604) 683-4886, Toll Free: 1-877-895-6466, Fax: (604) 683-4887, Email: info@elninoventures.com, Or visit: www.elninoventures.com
--------------------------------------------------------------------------------
Source: El Nino Ventures Inc.
Nice write up.
El Niño Ventures: Reviving copper fortunes in the DRC
By: Sam Kiri CFA ACMA
12th November 2007
http://www.proactiveinvestors.com/articles/article.asp?ELN
SPECIAL SITUATIONS REPORT FOR
EL NIÑO VENTURES INC. (ELN-TSXV)
By Brian Fagan
November 2007
http://www.stocksandspeculations.com/i/pdf/132b_El_Nino_Report.pdf
[From Almelinda on Stockhouse]
Going to $2.00 and beyond.
I picked my dice up
Got torque this AM
In Jean Luc we trust.
Roll the dice !
So if you buy this thing under a buck a person can make some dough with it?
Tiger resources news today
Further significant drill results at Kipoi Central,
including 133.5m @ 6.1% Cu
Thank you Sprott
13:50:03 V 1.40 +0.13 31,400 73 Sprott 73 Sprott K
13:49:19 V 1.40 +0.13 1,500 1 Anonymous 83 Research Cap K
13:48:22 V 1.40 +0.13 2,500 33 Canaccord 33 Canaccord K
13:48:22 V 1.40 +0.13 2,500 33 Canaccord 33 Canaccord K
13:48:12 V 1.39 +0.12 38,000 73 Sprott 44 Jones Gable K
13:48:03 V 1.39 +0.12 500 88 E-TRADE 2 RBC K
13:48:03 V 1.39 +0.12 24,500 88 E-TRADE 44 Jones Gable K
13:47:47 V 1.38 +0.11 16,100 73 Sprott 33 Canaccord K
13:47:26 V 1.37 +0.10 14,500 73 Sprott 7 TD Sec K
13:28:42 V 1.38 +0.11 3,900 46 Blackmont 33 Canaccord K
Dumped some garbage and bought some more ELN.
Chug chug chug...
but
well
uhh
but
No, I will leave that up to the guys who are closer to retirement.
Does this mean you are providing lift tickets for the iHub World Cup event this winter?
Loaded up the last few days so this is a sweet move.
SWEET NEWS
El Nino Ventures expands DRC program to 7,000 m
2007-10-25 08:25 ET - News Release
Mr. Jean Luc Roy reports
EL NINO VENTURES INC. EXPANDS DRILL PROGRAM TO 7,000 METERS USING A SECOND DRILL RIG IN THE DEMOCRATIC REPUBLIC OF CONGO
El Nino Ventures Inc.'s previously announced 5,000-metre reverse circulation drill program in the Democratic Republic of Congo (DRC) will be expanded to 7,000 metres. A second drill rig was mobilized and is now in operation on the properties. The second drill rig will be used to drill the artisanal workings on the property and will also drill off the newly identified copper showing.
The expansion of this drill program will enable the company to collect the maximum information possible before the rainy season halts this initial drilling program. The company anticipates being able to drill up to the beginning of December. All drill chip samples will be collected under strict supervision and will be assayed by ALS Chemex laboratories in South Africa. ALS Chemex is a internationally recognized and respected assaying company.
Jean Luc Roy, president of El Nino, states: "I am very pleased that we have been able to source and mobilize a second drill rig. With the number of targets we have it is comforting that we will be able to expand our drill program to 7,000 metres and complete it before the rainy season. This initial drill program will give our technical team substantial information that will be used to plan and prepare our 2008 exploration program. Our newly identified copper showing and the area known as artisanal workings will be drilled off using the second drill rig."
We seek Safe Harbor.
kxl had a nice dip too :))))))))))))))))0
These guys getting serious or what?????
El Nino appoints Roy as CEO, Barr resigns
2007-10-12 07:28 MT - News Release
Mr. Jean Luc Roy reports
EL NINO ANNOUNCES APPOINTMENT OF NEW DIRECTORS AND CHIEF EXECUTIVE OFFICER
El Nino Ventures Inc. has appointed Jean Luc Roy as chief executive officer and director. Morris Medd and John Royall have been appointed as directors, and Michael Philpot, a current director, will act as the lead director. El Nino also announces that Harry Barr has resigned as chairman, chief executive officer 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 contributions. 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, 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. 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), PEng, has over 40 years experience in mineral exploration in Canada, United States, Ireland, Chile and Mexico, including positions as manager of Canadian exploration and director of exploration, precious metals, for Union Carbide Exploration (1977-1983), and general manager of exploration and development for Westfield Minerals Ltd. (1983-1990). Since 1990, Mr. Royall has worked as a mineral exploration consultant.
We seek Safe Harbor.
Sprott buying like crazy. I shoulda coulda woulda bought more !!!!!!
Nice one Ed
Another woulda coulda shoulda for me
El Nino Ventures starts 5,000 m of drilling in DRC
2007-10-09 09:07 ET - News Release
Mr. Jean Luc Roy reports
EL NINO VENTURES INC. 5,000 METER DRILLING PROGRAM IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC) IS UNDERWAY
El Nino Ventures Inc.'s 5,000-metre, reverse circulation drill program is under way on its properties in the Democratic Republic of Congo. The drill program will focus on the zone 1 identified by the remote sensing survey completed earlier and will also test the area covered by artisanal workings on the property. Furthermore a new, discovered copper zone will be drilled off to determine the extent of mineralization.
The airborne geophysics survey of the company's properties is now completed and preliminary results are being incorporated in its drill program. The drill program will comprise a number of short holes each averaging about 100 metres in length, with approximately 50 holes projected to be completed in the next six weeks. All core chips samples will be collected under strict supervision and will be assayed by ALS Chemex laboratories in South Africa. ALS Chemex is a internationally recognized and respected assaying company.
Jean Luc Roy, president of El Nino, states: "I am very pleased with the substantial progress we have made with our program in the DRC particularly taking into account the very short time we have been there. Our camp is fully operational, our very experienced team has done a tremendous job getting everything into place to allow us to drill 5,000 metres before the rainy season in the DRC. The start of the drill program is a very telling statement in our ability to operate in the DRC and we look forward to sharing the results of this drilling program with our shareholders over the next few months."
We seek Safe Harbor.
Big Ed,
Just testing ya. LOL
My bad; updating charts on all of my boards and didn't change the symbol.
Chart looks great though.
sumi
Hi sumisu
Time to update the header. That chart isn't showing ELN anymore.
El Nino identifies new Cu zone in Congo, plans drilling
2007-09-20 09:06 ET - News Release
Mr. Jean Luc Roy reports
EL NINO VENTURES IDENTIFIES NEW COPPER MINERALIZED ZONE ON PROPERTIES IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC)
El Nino Ventures Inc. has identified a new copper mineralized zone on its properties in the Democratic Republic of Congo (DRC). This zone is just two kilometres away from the centre of its already identified main zone that was outlined using the IRIS remote sensing survey. Several samples have been taken all of which contain substantial visible copper mineralization. These samples will be assayed shortly. This zone is being mapped and interpreted by its geological team and will be incorporated into its forthcoming 5,000-metre drill program.
Highlights:
New copper mineralized zone identified;
Airborne geophysics survey well under way;
5,000 metres of drilling will be completed before the rainy season;
Presently negotiating acquisition of new research permits.
The company's previously announced 5,000-metre drill program will be completed before the rainy season and it anticipates starting its drilling campaign in early October. The previously announced, mid-September start date has been revised to early October due to drill availability. An airborne geophysical survey is well under way and should be completed in the next two weeks, with final interpretation shortly thereafter.
Jean Luc Roy, president of El Nino, states: "I am presently in the DRC (Congo) and very pleased with the progress we are making in the field. Despite a minor delay in the start of our drill program, we will be able to meet our objective of completing 5,000 metres before the rainy season. The new copper zone identified is visually very impressive and I look forward to incorporating it into our drill program plans. I am also actively seeking new acquisitions in the DRC while I am here and I will report back on this matter in the near future."
We seek Safe Harbor.
El Nino Ventures still drilling at Bathurst
2007-09-19 12:55 ET - News Release
Mr. Jean Luc Roy reports
EL NINO VENTURES & XSTRATA ZINC 25,000 M DRILL PROGRAM IN PROGRESS IN THE BATHURST MINING CAMP
El Nino Ventures Inc. and Xstrata Zinc's 2007/2008 field program budgeted at $5-million has commenced on the Bathurst mining camp, Bathurst, N.B. The diamond drilling program, designed to complete 25,000 metres in 50 diamond drill holes, started in June, 2007, with three drill rigs currently in operation. As of today, a total of eight diamond drill holes for 3,267 metres have been completed along the Brunswick horizon and throughout the southern and eastern portions of the Bathurst mining camp.
The Titan 24 deep earth imaging ground geophysical survey was initiated in August, 2007, and is expected to extend to end of November for a total of 135 line kilometres. At this time, the 45 line km south grid covering the southern extension of the Brunswick horizon hosting the Brunswick No. 12 and No. 6 mines has been completed. Data review and interpretation are presently in progress and diamond drilling on the first priority targets is expected to commence in October, 2007. The Titan 24 crew has moved on the western part of the Bathurst mining camp along the interpreted Brunswick horizon known to host the Halfmile Lake, Fronsac and Devil's Elbow lead and zinc deposits. A total of 70 line km of Titan 24 survey is planned over this prolific mineral-bearing rock assemblage.
For logistical reasons and to avoid remote drilling during the winter months, a number of the drill targets located in the more inaccessible areas of the Bathurst mining camp were drilled first. Eight drill targets have been drilled to date, with 42 remaining to be tested.
Jean Luc Roy, president of El Nino Ventures, states, "We are pleased with how the drilling is progressing, and are very optimistic regarding the targets identified using the Titan 24 deep earth imaging system."
El Nino has the opportunity to earn 50 per cent of Xstrata Zinc's interest in exploration projects in the Bathurst mining camp through an option/joint venture agreement signed in May, 2006.
"We have already completed the first year of a two-year $10-million work program, with $5-million coming from the Province of New Brunswick through a government grant. El Nino is very fortunate to have the support of the New Brunswick government and to be working with Xstrata Zinc," says Mr. Roy.
We seek Safe Harbor.
beer beer beer lol
El Nino Ventures increases financing to $5.3-million
2007-08-29 11:39 ET - News Release
Mr. Jean Luc Roy reports
EL NINO VENTURES INC. ANNOUNCES INCREASE IN BROKERED PRIVATE PLACEMENT FINANCING
El Nino Ventures Inc., further to its news release in Stockwatch on Aug. 9, 2007, 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 $5.3-million, subject to the approval of the TSX Venture Exchange.
El Nino Ventures Inc to start 5,000 meter drill program on their Democratic Republic of Congo (DRC) Properties
Monday August 20, 8:00 am ET
http://biz.yahoo.com/cnw/070820/el_ni_o_in_drc.html?.v=1
VANCOUVER, Aug. 20 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce that it has entered into an agreement with DrillAfrica Company Limited, to complete a minimum of 5,000 meters of drilling over its properties in the Democratic Republic of Congo (DRC). This program is scheduled to start in mid September.
Jean Luc Roy, President of El Nino states, "We are very pleased to announce to our shareholders that we have secured a drill rig to start our initial drill program in the DRC. This program will consist of a minimum of 5,000 meters of Reverse Circulation (RC) drilling to test the anomalies identified in our remote sensing survey that was carried out previously.
Our geological team will be on the ground by the end of August to prepare the drill sites and set up the camp necessary to carry out this program. I will personally be in the DRC from the 10th of September onwards to ensure that all is in place to successfully carry out this program. Our whole team has worked hard to get all the equipment necessary to the DRC so that everything is in place for this program. The rainy season in the DRC starts around mid-November so we will be in a position to complete a minimum of 5,000 meters before the rains arrive.
When we acquired these properties our goal was to fast-track our exploration efforts and we have delivered on this objective."
About El Nino
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 recently acquired over 350 square kilometers in a world renowned copper belt in the Democratic Republic of Congo and is currently in the midst of a 25,000 meter drill program in the Bathurst Mining Camp.
On Behalf of the Board of Directors
Jean Luc Roy, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
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
Tel: (604) 685-1870, Toll Free: 1-800-667-1870, Fax: (604) 685-8045, Email: info@elninoventures.com, or visit www.elninoventures.com
--------------------------------------------------------------------------------
Source: El Nino Ventures Inc.
How do you pronounce that ?
Cormark = Sprott
Established in 1981 as Sprott Securities, Cormark has evolved into an industry leader recognized for its knowledge and commitment to the mid-cap and emerging growth market. We have been the top-rated small/mid-cap brokerage firm by Canadian institutional investors for 5 of the last 6 years, as compiled by Brendan Wood International.
http://www.cormark.com/SubPages/OurFirm/Profile.jsp
ok come to Oaxaca I am buying :)
PP bad price should have been done at 1.00 not .90 cents as it sent the stock tumbling down the road
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Issued & Outstanding: 21,766,953 Warrants: 9,233,223 Options: 1,527,642 Fully Diluted: 32,527,818~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ CHARTS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DUE DILIGENCE SPECIAL SITUATIONS REPORT FOR EL NIÑO VENTURES INC. By Brian Fagan, November 2007 http://www.stocksandspeculations.com/i/pdf/132b_El_Nino_Report.pdf El Niño Ventures: Reviving copper fortunes in the DRC By: Sam Kiri CFA ACMA, November 12, 2007 http://www.proactiveinvestors.com/articles/article.asp?ELN ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INTERNATIONAL METALS GROUP http://www.internationalmetalsgroup.com/s/Home.asp
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