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El Nino Ventures Inc. announces increase in brokered private placement financing
El Nino Ventures Inc. announces increase in brokered private placement financing.
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH\n\n\nU.S. NEWSWIRE SERVICES/\n\n\nVANCOUVER, Aug. 29 /CNW/ - El Nino Ventures Inc. (the "Company") (TSX.V:\nELN; OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce that further to is\nnews release of August 9, 2007, it has amended the terms of the previously\nannounced private placement with Cormark Securities Inc. and Haywood\nSecurities Inc. to increase the size of the offering to 5,888,889 units for\ntotal proceeds of $5,300,000, subject to the approval of the TSX Venture\nExchange.\n\n\nThe proceeds from the financing will be used for exploration, drilling,\nand engineering at the Company's properties in the Democratic Republic of\nCongo and for general corporate purposes.\n\n\nThe securities proposed to be offered in the private placement have not\nbeen registered under the U.S. Securities Act of 1933, as amended, and may not\nbe offered or sold in the United States absent registration or an applicable\nexemption from the registration requirements.\n\n\nThis press release shall not constitute an offer to sell or the\nsolicitation of an offer to buy any securities, nor shall there be any sale of\nthe securities in any state or other jurisdiction in which such offer,\nsolicitation or sale would be unlawful.\n\n\nOn Behalf of the Board of Directors\n\n\nJean Luc Roy, President and CEO\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this release.\n\n\nCUSIPNo. 28335E-10-6\n\n\nThis news release contains certain "Forward-Looking Statements" within\nthe meaning of Section 21E of the United States Securities Exchange Act of\n1934, as amended. All statements, other than statements of historical fact,\nincluded herein are forward-looking statements that involve various risks and\nuncertainties. There can be no assurance that such statements will prove to be\naccurate, and actual results and future events could differ materially from\nthose anticipated in such statements. Important factors that could cause\nactual results to differ materially from the Company's expectations are\ndisclosed in the Company's documents filed from time to time with the British\nColumbia Securities Commission and the United States Securities & Exchange\nCommission. This email should not be construed...