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

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.