InvestorsHub Logo
Followers 35
Posts 12463
Boards Moderated 8
Alias Born 12/17/2002

Re: None

Wednesday, 04/02/2008 9:42:22 AM

Wednesday, April 02, 2008 9:42:22 AM

Post# of 333
El Nino Ventures Inc. appoints new Independent Director
Last Update: 4/1/2008 8:03:14 AM


VANCOUVER, Apr 1, 2008 (Canada NewsWire via COMTEX) -- TSX.V: ELN

OTCBB: ELNOF

Frankfurt: E7Q

VANCOUVER, April 1 /CNW/ - El Nino Ventures Inc. ("El Nino") (ELNOF) is pleased to announce the appointment of Mr. Damian Towns to its Board of Directors.

Mr. Towns has significant financial expertise in dealing with the public financial reporting of Canadian mining Companies and since October 2006 has been the Chief Financial Officer (CFO) of Coro Mining Corp. A graduate of the University of Otago in New Zealand (Bachelor of Commerce with Honors) and a member of the Institute of Chartered Accountants of New Zealand. For the past eight years, his work has focused on the mining industry. Prior to his current position, Mr. Towns was also the Controller of First Quantum Minerals Ltd. and also an audit manager with PricewaterhouseCoopers LLP in Canada. Mr. Towns has international mining and accounting experience in Africa (including the DRC), South America and New Zealand.

Mr. Jean Luc Roy, President of El Nino Ventures states, "We are pleased to welcome Damian Towns to our Company's Board of Directors. His experience in the mining industry and his understanding of our dealing in the Democratic Republic of Congo (DRC) will further enhance the strength of our Board of Directors. Furthermore Mr. Towns financial experience will be most valuable as we move our projects forward."

Mr. Towns will be granted, subject to regulatory approval, an incentive stock option to acquire 200,000 shares of El Nino Ventures Inc. at a price of $0.60 per share, exercisable for five years under the Company's Stock Option Plan.

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 its copper project in the DRC, the company is in the final stage of its exploration project in Bathurst, New Brunswick with Xstrata Zinc. El Nino will also commence drilling on its Irish exploration licenses in the month of April 2008.

On Behalf of the Board of Directors

(signed)

Jean Luc Roy, President and CEO


Ed

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.