Panoro Appoints Kallpa Securities SAB as Sponsor for Listing on Lima Stock Exchange, Peru

Panoro Minerals Ltd. (TSX VENTURE:PML)(BVLAC:PML)(FRANKFURT:PZM) ("the Company")
is pleased to announce that Kallpa Securities SAB (Kallpa) is the Company's
sponsor for the Lima Stock Exchange (BVL). Kallpa is a Peruvian investment
company specializing in sales, trading and capital markets. Kallpa commenced
operations in October 2008 and now ranks 12th by volume traded among 24 Peruvian
brokers with a 4% market share in the Peruvian market.


As Panoro's sponsor Kallpa will support the marketing process of the Company's
common shares on the Lima Stock Exchange. Kallpa will provide all services
required by the BVL and any other regulatory entities to duly fulfill local
requirements relating to all marketing activities in compliance with the BVL and
CONASEV Regulatory bodies. Kallpa will also provide Panoro with market
information, organization of meetings with main participants in the Peruvian
market (Institutional investors, retail investors, brokerage firms) and
preparation of marketing documents and research. Kallpa will also provide
regular updates of Panoro to the Peruvian investor class. In return, Kallpa will
receive at least USD $20,000/year for their services.


Kallpa's CEO, Mr. Alberto Arispe will work closely with Mr. Christian Pilon,
Director and Vice President of Panoro, to promote the strength of Panoro as a
junior exploration company. Mr. Arispe holds an MBA from the Stern School of
Business from New York University and a Bachelor of Economics degree from
Pontificia Universidad Catolica del Peru. He has 16 years of experience in the
international financial system. Between 2005 and 2008, he was Managing Director
at the Lima Stock Exchange and during the years 2000 through 2005 he was Vice
President of the Emergency Markets Division at Fox-Pitt Kelton Inc., a
subsidiary of Swiss Re Corp based in New York City.


"We are proud to be the Sponsor of Panoro Minerals in Peru", commented Mr.
Arispe. "Panoro is pleased to have Kallpa Securities as our sponsor, I am sure
they are going to help us in our development and growth in the Peruvian Market"
said Mr. Pilon, Director and VP of Panoro Minerals.


On behalf of the Board of Panoro Minerals Ltd.

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

About Panoro Minerals Ltd.

Panoro's strategic focus is to move its advanced stage Copper and Copper/Gold
projects to feasibility and development stages and to explore its other
projects.


The Company's most advanced projects, Cotabambas and Antilla, contain NI 43-101
compliant inferred resources of:




Cotabambas    114 Mt @ 0.68% Cu and 0.38 g/t Au at 0.30% Cu cut-off

Antilla       154 Mt @ 0.47% Cu and 0.009% Mo at 0.25% Cu cut-off  



The Antilla project is being explored as part of the JV agreement with
Chancadora Centauro S.A.C in return for US $8 million cash to Panoro and a work
commitment of US $17 million. The company has eleven other exploration projects,
all located in Peru. Priority projects for the Company are the Kusiorcco
Porphyry Copper Project, the El Rosal Polymetalic Project and the Cochasayhuas
Gold Project.


This release was prepared by management of the Company who takes full
responsibility for its contents.