Business
El Nino Ventures Inc. appoints new Independent Director
TSX.V: ELN OTCBB: ELNOF Frankfurt: E7Q
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\nTSX.V: ELN\n\n\nOTCBB: ELNOF\n\n\nFrankfurt: E7Q\n\n\nVANCOUVER, April 1 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN;\nOTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce the appointment of Mr.\nDamian Towns to its Board of Directors.\n\n\nMr. Towns has significant financial expertise in dealing with the public\nfinancial reporting of Canadian mining Companies and since October 2006 has\nbeen the Chief Financial Officer (CFO) of Coro Mining Corp. A graduate of the\nUniversity of Otago in New Zealand (Bachelor of Commerce with Honors) and a\nmember of the Institute of Chartered Accountants of New Zealand. For the past\neight years, his work has focused on the mining industry. Prior to his current\nposition, Mr. Towns was also the Controller of First Quantum Minerals Ltd. and\nalso an audit manager with PricewaterhouseCoopers LLP in Canada. Mr. Towns has\ninternational mining and accounting experience in Africa (including the DRC),\nSouth America and New Zealand.\n\n\nMr. Jean Luc Roy, President of El Nino Ventures states, "We are pleased\nto welcome Damian Towns to our Company's Board of Directors. His experience in\nthe mining industry and his understanding of our dealing in the Democratic\nRepublic of Congo (DRC) will further enhance the strength of our Board of\nDirectors. Furthermore Mr. Towns financial experience will be most valuable as\nwe move our projects forward."\n\n\nMr. Towns will be granted, subject to regulatory approval, an incentive\nstock option to acquire 200,000 shares of El Nino Ventures Inc. at a price of\n$0.60 per share, exercisable for five years under the Company's Stock Option\nPlan.\n\n\nAbout El Nino Ventures Inc.\n\n\nEl Nino Ventures is a junior exploration company, whose corporate\nobjective is to revisit former mining regions and apply the latest\ntechnologies to advanced stage exploration targets. El Nino has acquired a 70%\ninterest in over 350 square kilometers in the world renowned copper belt in\nthe Democratic Republic of Congo. In addition to its copper project in the\nDRC, the company is in the final stage of its exploration project in Bathurst,\nNew Brunswick with Xstrata Zinc. El Nino will also commence drilling on its\nIrish exploration licenses in the month of April 2008.\n\n\nOn Behalf of the Board of Directors\n\n\n(signed)\n\n\nJean Luc Roy, Pr...