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El Nino (v.ELN): Bathurst zinc deposit in Canada


drbubb

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SUBJECT: SPrott buying it big time!!! Posted By: money51

Post Time: 7/24/2007 15:23

almost non stop.....

 

- - -

 

RE: SPrott buying it big time!!! Posted By: driller35

Post Time: 7/24/2007 15:26

 

yes buying 945,000 shares at ave price of .87 and selling none since june 01st

Here are all the house positions for V: ELN from 6/1/2007 to 7/24/2007.

 

37 Records Returned

 

House Positions

Exch House Bought $Value Ave Sold $Value Ave Net $Net

V 73 Sprott 945,000 821,540 0.87 0 945,000 -821,540

 

V 46 Blackmont 899,000 593,439 0.66 311,500 210,262 0.67 587,500 -383,177

 

V 9 BMO Nesbitt 892,000 619,320 0.69 409,500 224,046 0.55 482,500 -395,274

 

V 7 TD Sec 1,125,200 898,552 0.80 778,070 588,428 0.76 347,130 -310,124

 

...

 

V 33 Canaccord 1,105,000 809,630 0.73 2,783,268 2,005,863 0.72 -1,678,268 1,196,233

Total 8,990,312 6,412,588 0.71 8,990,312 6,412,588 0.71 0 0

-- --

 

@: http://www.stockhouse.ca/bullboards/viewme...p;navd=fwd&

 

CC was a big buyer at lower prices (I know that!)

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El Nino to survey DRC project from the air

2007-08-02 09:02 ET - News Release

 

Mr. Jean Luc Roy reports

 

EL NINO VENTURES TO COMMENCE AIRBORNE GEOPHYSICS, FOLLOWED BY INITIAL DRILL PROGRAM IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC)

El Nino Ventures Inc. has entered into an agreement with Aeroquest International Ltd. to fly airborne geophysics over its properties in the Democratic Republic of Congo. This program will commence in early August.

 

Jean Luc Roy, president of El Nino, states: "I'm looking forward to working with a proven and reliable company such as Aeroquest on our DRC project. This survey will be used to confirm our known mineralized copper zones identified earlier using remote sensing. We are also ramping up our field teams to ensure that we can commence our first drill program scheduled for September and October, 2007. When we set out on this project, our corporate objective was to fast-track our exploration efforts in the DRC; El Nino Ventures is on schedule to achieve this objective."

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i still have my warrants, thank goodness

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What's your target for ELN, Conrad?

 

for long? ....perhaps 5 CAD in 2-3 years

this year: 1.50 CAD - 2 CAD

 

hope, dilution will be low

 

 

..................................................

 

 

El Nino Ventures Inc. announces brokered private placement financing

 

VANCOUVER, Aug. 9 /CNW/ - El Nino Ventures Inc. (the "Company") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) announces that the Company has entered into an agreement with Cormark Securities Inc. as lead agent and Haywood Securities Inc. to sell on a best efforts basis up to 5,555,556 units at $0.90 per unit ("Unit"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each whole Warrant shall entitle the holder thereof to purchase one Common Share for a period of 18 months following the closing date at a price of $1.40.

 

Closing of the offering is anticipated to occur on or before August 30, 2007 and is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange.

 

The Common Shares and Common Shares issuable upon exercise of the Warrants will be subject to resale restrictions for a period of four months plus one day from the closing date. The Agents will receive a commission of 6% of the gross proceeds raised in the Offering. The Agents will also receive broker warrants (the "Broker Warrants") equal to 6% of the number of Units purchased. Each Broker Warrant will entitle the Agents to purchase one Unit at the issue price of the Units for a period of 18 months following the closing date.

 

The proceeds from the financing will be used for exploration, drilling and engineering at the Company's properties in the Democratic Republic of Congo and for general corporate purposes.

 

The securities proposed to be offered in the private placement have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

 

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. CUSIP

 

No. 28335E-10-6

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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

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(from Stockhouse)

 

SUBJECT: RE: Insider accounts Posted By: brumell

Post Time: 8/14/2007 01:26

 

Thanks for posting Makkaroni. Appears those options were announced in the NR dated July 11th whereby 1.82 million options were allocated to officers, directors, employees and consultants to the company.

The number shown by INK is only 1,037 million so there's another 783,000 kicking around somewhere. Perhaps they are not yet all allocated. Lets write nice things about Jean Luc. Maybe we can get some freebies.....

 

Meanwhile, this thread is dead.

 

Oh, and by the way, Cormark who is leading broker for ELN's current placement is really Sprott Securities. They were big buyers this past month. Sprott Securities changed their name to Cormark last April. However, their exchange house number hasn't changed so perhaps that's why their trades keep showing as Sprott.

 

Reading threads elsewhere, it's apparent many also think Sprott Securites is Sprott Asset Management. It isn't and wasn't. When they discover the Sprott they talk about hasn't existed for awhile, they'll really be confused.

 

Keep your head down, Makkaroni. It's a tough market these days.

 

Happily time will soon be ripe for ELN. Lots of fun.

 

Bob : www.geoshares.com

 

@: http://www.stockhouse.ca/bullboards/viewme...p;navd=fwd&

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Cormark Securities Inc. as lead agent and Haywood Securities Inc. to sell on a best efforts basis up to 5,555,556 units at $0.90 per unit ("Unit"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each whole Warrant shall entitle the holder thereof to purchase one Common Share for a period of 18 months following the closing date at a price of $1.40.

 

Closing of the offering is anticipated to occur on or before August 30, 2007 and is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange.

 

Any news?

Done? Repriced?

They never called me. I helped to place a decent chunk of the $0.40 pp (took plenty myself)

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El Nino Ventures Inc to start 5,000 meter drill program on their Democratic Republic of Congo (DRC) Properties

 

VANCOUVER, Aug. 20, 2007 (Canada NewsWire via COMTEX News Network) --

 

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.

 

SOURCE: El Nino Ventures Inc.

 

Tel: (604) 685-1870, Toll Free: 1-800-667-1870, Fax: (604) 685-8045, Email: info@elninoventures.com, or visit www.elninoventures.com

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  • 2 weeks later...

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.

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i wouldnt be surprised.

 

jean-luc's an enthusiastic guy, znd excited i think, about workibg in africa again

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look at the connection between ELN with LAQ and GTV (all TSX)

 

2007-08-20 17:47 ET - News Release

 

Mr. Lawrence Moroz reports

 

GEE-TEN VENTURES ANNOUNCES APPOINTMENT OF MALCOLM SWALLOW TO ITS BOARD OF DIRECTORS

Gee-Ten Ventures Inc. has appointed Malcolm J.A. Swallow, BSc (honours) mining engineering, FIMMM, PEng, to its board of directors. Francois Segleski is resigning.

Mr. Swallow is currently the chairman, chief executive officer and director of La Quinta Resources Inc. Mr. Swallow has spent the last 30 years gathering mine construction and operating experience. He is knowledgeable and experienced in both precious and base metals, while at the same time managing the corporate affairs of a number of London- and Toronto-listed companies. He has extensive experience in evaluation and development of operations from green fields' sites through exploration, planning, permitting, feasibility and financing, to construction into production, whilst integrating the mining operations into non-mining communities.

 

Roy is advisor for LAQ:

http://www.laquintaresources.com/advisors_...ied_persons.php

 

Perhaps he build a new junior "multi company alliance" in the DRC? ..without lizence-trouble (example like CAMEC today)

 

BTW, Banro looks foolish because LAQs winning Twangiza Namoya Deal with WBK ;-) I think Roy was the Projekt maker for LAQ

 

more very good infos: http://www.pole-institute.org/documents/regard19_anglais.pdf

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Zinc in Ireland???

 

With hindsight it would appear that this is the position into which Jean-Luc Roy wanted to get the company when he joined last year. He does not argue with this, but says that the company will be announcing its involvement in zinc in Ireland shortly and has no plans to go to Eastern Europe as indicated on its website.

 

http://www.minesite.com/nc/minews/singlene...t-in-drc/1.html

 

 

El Nino Ventures Inc. closes $0.90/unit brokered private placement financing

 

VANCOUVER, Aug. 30 /CNW/ - El Nino Ventures Inc. (the "Company") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce that it has closed its previously announced brokered private placement of 5,888,889 units at a price of $0.90 per unit (the "Units") for gross proceeds to the Company of $5,300,000.10. Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share for a period of 18 months following the closing date at a price of $1.40. The proceeds from the financing will be used for exploration, drilling, and engineering at the Company's properties in the Democratic Republic of Congo and for general corporate purposes.

 

Cormark Securities Inc. as lead agent and Haywood Securities Inc. (collectively the "Agents") acted as agents for this financing. As consideration for their participation in the offering, the Agents received a cash commission equal to 6% of the total proceeds raised and 353,333 compensation options, each of which is exercisable into one unit at a price of $0.90 expiring on February 28, 2009. These units have the same terms as the Units sold under the private placement.

 

All securities issued pursuant to this private placement are subject to a four month hold period that expires on December 31, 2007.

 

The securities issued in the private placement have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

 

On Behalf of the Board of Directors

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  • 2 weeks later...

El Nino 5,888,889-share private placement

 

 

El Nino Ventures Inc (C:ELN)

Shares Issued 20,986,953

Last Close 9/13/2007 $0.66

Thursday September 13 2007 - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Aug. 29, 2007.

 

 

Number of shares: 5,888,889 shares

 

Purchase price: 90 cents per share

 

Warrants: 2,944,444 share purchase warrants to purchase 2,944,444 shares

 

Warrant exercise price: $1.40 for a period of 18 months

 

Number of hidden placees: 16 placees

 

Pro groups: John Prins 14,489; Kevin Williams 37,000; Darren Wallace 29,000; Natascha Swyrdenko 11,000; David Wargo 29,000; Michael Berry 37,000; Brady Griffin 37,000

 

Agents' fees: $270,300.01 cash and 300,333 broker's warrants payable to Cormark Securities Inc., and $47,700 cash and 53,000 broker's warrants payable to Haywood Securities Inc. Each broker's warrant is exercisable at 90 cents per unit for 18 months. The units under the brokers' warrants have the same terms as those to be issued pursuant to the private placement.

 

 

) 2007 Canjex Publishing Ltd.

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Last Close 9/13/2007 $0.66

Number of shares: 5,888,889 shares

Purchase price: 90 cents per share

 

Impressive.

How'd they pull that off?

 

Good chart - at support : chart

 

ELN has touched the 377d MA, and bounced from there

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DrBubb, I think Roy will stay in DRC until october, thats right? (see latest News)

 

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.

 

If he is back from Africa, we can await some very good surprises for sure.

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PS, DrBubb, do you have any idea, what will come with the "Ireland Zinc project" Remark in latest ELN Minsite article???

 

No. It was news to me. A non=core transaction, sounds like

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New copper mineralized zone identified. - Airborne geophysics survey well underway. - 5,000 meters of drilling will be completed before the rainy season. - Presently negotiating acquisition of new research permits.

 

http://us.rd.yahoo.com/finance/news/rss/st..._zone.html?.v=1

 

I love this story more and more :rolleyes:

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