October 21, 2011, Vancouver, Canada — El Niño Ventures Inc. (“El Nino” or the “Company”) (TSXV: ELN; Frankfurt: E7Q) announces that, pursuant to a special resolution passed by shareholders of the Company on September 8, 2011, it has consolidated its capital on a two and one-half (2.5) old for one (1) new share basis. Effective at the opening on October 24, 2011, shares of El Nino will commence trading on a consolidated basis of which 47,633,626 Common shares will be issued and outstanding.
The new CUSIP and ISIN numbers are: 28335E205 and CA28335E2050 respectively. Please note that there is no change of name or trading symbol.
About El Nino Ventures Inc.
El Niño Ventures Inc. (“ELNOF” and the “Company”) (OTCQX: ELNOF; TSX.V: ELN) trades in Canada on TSX Venture Exchange under the symbol “ELN” and in the United States on OTCQX under the symbol “ELNOF”. El Nino Ventures is an exploration company, focused on exploring for zinc (Zn), lead (Pb), silver (Ag), and copper (Cu) in the Bathurst Mining Camp in New Brunswick, Canada. The Company and Xstrata Zinc entered into a Tri-partite Option agreement with Votorantim Metals Canada Inc. (Votorantim) whereby Votorantim, by incurring exploration expenditures of $10 million over a period of 5 years can earn a 50% interest in the project. Votorantim may further elect to increase its interest to 70% by spending a further $10 million over an additional two years. The second phase, a $5 Million exploration program which includes a 10,000 metre drilling program that is underway.
In addition, the Company entered into a Participation Agreement with Votorantim on the Murray Brook Massive Sulphide/Polymetallic deposit, situated as well, within the Bathurst Mining Camp. (See press release dated January 20, 2011).
The company is currently concluding a minimum of 6650 meters of drilling, testing the Zinc-Silver-Gold deposit which is Bathurst fifth large massive sulphide deposit. (see press release dated August 30, 2011).
In the Democratic Republic of the Congo (DRC), the company is also planning an aggressive exploration program for 2012 at their Kasala Copper/Cobalt Project which will be subject to finalizing the Company’s current legal issues on the project.
El Nino’s management is seeking to acquire additional base and precious metals projects on an international scale that meet our corporate objectives and will add to its already extensive project portfolio.
On behalf, of the shareholders and Board of Directors of El Nino Ventures, I would like thank you for your ongoing support.
Harry Barr, Chairman and Acting CEO
For further information:
Corporate: Jay Oness — firstname.lastname@example.org
Investor Relations: Toll free 1.800.667.1870
2303 West 41st Avenue, Vancouve, B.C. V6M 2A3
TSX Venture Exchange or 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.
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.