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Apr 12, 2007 Closing of Sale of Panoro's Surigao Joint Venture Interest to Mindoro EDMONTON, Alberta and Vancouver, British Columbia; April 12, 2007 - Mindoro Resources Ltd. (TSXV: MIO; Frankfurt: WKN 906167) and Panoro Minerals Ltd. (TSX-V: PML; Frankfurt: PZM WKN 914959) having received TSX approval the Companies are announcing the closing of the transactions regarding the Sale of Panoro's 40% Interest in the Surigao Joint Venture to Mindoro. For details of the terms of the Purchase and Sale Agreement refer to the March 14, 2007 news release, Purchase and Sale of Surigao Interest. FOR FURTHER INFORMATION, CONTACT: Mindoro Head Office Penny Gould, Executive Vice President Phone: 780.413.8187 Fax: 780.426.2716 Email: penny@mindoro.com Website: www.mindoro.com Panoro Head office Helmut Wober, President Phone: 604.684.4246 Fax: 604.684.4200 E-mail: info@panoro.com Website: www.panoro.com Mindoro Investor Relations - Canada Trent Dahl, Ascenta Capital Partners Inc. Phone: 604.628.5800 Toll Free: 1.866.684.4209 ext. 228 E-mail: info@mindoro.com Mindoro Investor Relations - Europe Richard Mayr, Argentuminvest GmbH Phone: +49.9421.785250 Fax: +49.9421.785255 E-mail: info@argentuminvest.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. | |
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