News Releases

Vancouver, B.C., May 14, 2007 - Panoro Minerals Ltd., TSX-V: PML; Frankfurt: PZM, WKN914959, (the "Company") is pleased to announce that in a News Conference held today at the Lima Stock Exchange it was announced that the shares of Panoro Minerals Ltd. will be listed for trading on the Junior Board of the Bolsa de Valores de Lima S.A. (BVL), the Lima Stock Exchange under the Symbol PML commencing with the opening of trading on May 15, 2007. The Company is the fourth Canadian junior mining company to become listed for trading on the BVL.

The Company is pleased that this will give investors in Peru the convenience of directly participating and investing in the Company that has its entire portfolio of projects and its focus in Peru. The impending acquisition of all the outstanding shares of Cordillera de las Minas (see News Releases of March2, March 14 and May 14) will provide all shareholders with the opportunity of participating in the growth and success of Panoro. The Company is looking forward to establishing a significant shareholder base in Peru that would provide it with a true local partnership.

On behalf of the Board of Panoro Minerals Ltd.

Helmut H. Wober, P.Eng.,
President and Director


Panoro Minerals Ltd. is a Canadian mineral exploration company trading on the TSX Venture Exchange (PML) and on the Frankfurt Stock Exchange (PZM, WKN 914959). For investor inquiries, please call 604-684 4246, send an e-mail to or visit the company's website at

This release was prepared by management of the Company who takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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