OreStocks

Panoro Minerals Ltd. press release

Panoro Minerals Announces Approval of Application to the British Columbia and Alberta Securities Commissions

TSXV - TSX Venture Exchange · Copper · Gold · Silver · Molybdenum · Canada

VANCOUVER, Jan. 4, 2012 /CNW Telbec/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) (Frankfurt: PZM) ("Panoro" or the "Company") announces that the Company's application to the British Columbia and Alberta Securities Commissions has been approved and, accordingly, pursuant to Section 11.2 of National Instrument 51-102 - _Continuous Disclosure Obligations_("NI 51-102"), the Company has become a "venture issuer" as defined in NI 51-102 effective December 30, 2011.

On behalf of the Board of Panoro Minerals Ltd.

Luquman Shaheen, M.B.A., P.Eng., P.E. President & CEO

_This release was prepared by management of the Company who takes full responsibility for its contents. Neither TSX Venture Exchange nor 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._

| Panoro Minerals Ltd. Luquman Shaheen, President & CEO Phone: 604.684.4246 Fax: 604.684.4200 Email: info@panoro.com Web: www.panoro.com | | Renmark Financial Communications Inc. Barbara Komorowski: bkomorowski@renmarkfinancial.com Rachel Zou: rzou@renmarkfinancial.com Tel.: (514) 939-3989 or (416) 644-2020 www.renmarkfinancial.com |

Earlier from Panoro Minerals Ltd.