El Nino Ventures Inc (ELNOF) 0.0120 $ELNOF El Nino

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El Nino Ventures Inc (ELNOF) 0.0120 $ELNOF

El Nino Receives DRC Supreme Court Approval for All Arbitration AwardsTo be Applied in the DRC Against GCP Group
Marketwired - Mon Oct 27, 12:14PM CDT
El Nino Ventures Inc. ("ELN" (TSX VENTURE: ELN)(PINKSHEETS: ELNOF)(FRANKFURT: E7Q), is pleased to report that the Supreme Court in Lubumbashi, Democratic Republic of the Congo has approved the Company's application (Exequatur) to have all of the awards and conditions received from the International Commercial Arbitration held in British Columbia applied in the Democratic Republic of the Congo (DRC). Following the Company's successful outcome in the International Arbitration held in Vancouver, British Columbia, El Nino pursued having the awards in Arbitration applied in the DRC. This process required a concerted and coordinated effort on the part of ELN's management and its legal counsel in both Canada and the DRC to file the Exequatur application, along with a comprehensive list of supporting documents. These documents included the key components of the Arbitration rulings and the awards rendered in El Nino's favour. The Company is now taking steps to implement and enforce the following awards against GCP Group;
ELN.VN: 0.025 (unch)

El Nino Seeks Joint Venture Partner for Zinc-Lead Exploration Properties in Bathurst Mining Camp, New Brunswick
Marketwire - Tue Sep 23, 7:31AM CDT
El Nino Ventures Inc. ("ELN" and the "Company" (TSX VENTURE: ELN) (OTCQX: ELNOF) (FRANKFURT: E7Q) is pleased to provide an update on its Bathurst Joint Venture Project ("Joint Venture". The Joint Venture is a 50%:50% joint venture between ELN and Glencore Canada Corporation (GCC) in the prolific Bathurst Mining Camp of New Brunswick, Canada. The Joint Venture seeks a 3rd party partner to explore and develop its properties and, in addition, properties in the Bathurst Camp owned 100% by GCC. In return for funding 100% of a major, multi-year exploration budget, the partner would earn-in to a 50% equity position in the Joint Venture and the GCC 100% owned land. Expressions of Interest will be evaluated from credible and well-funded companies with experienced management and exploration teams, and preferably with experience in the Bathurst camp or other VMS camps elsewhere. A Partnership would provide low-risk access to exploration upside in a highly prospective base metal VMS mining camp, in the safe and secure mining jurisdiction of New Brunswick.
ELN.VN: 0.025 (unch)

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