Canoro Resources Ltd.

Canoro Resources Ltd.

August 29, 2005 17:52 ET

Canoro Files Interim Report for Quarter Ending June 30, 2005 on SEDAR

CALGARY, ALBERTA--(CCNMatthews - Aug. 29, 2005) - Today, Canoro Resources Ltd. (TSX VENTURE:CNS) filed on SEDAR its interim report to shareholders, including a message to shareholders; unaudited interim consolidated financial statements for the three months ended June 30, 2005; related Management's Discussion and Analysis; and the required interim certifications by the CEO and CFO.

The Company wishes to refer to the message to shareholders for an update on the Company's operations and activities with respect to its two blocks - the AA-ON/7 exploration block and Amguri discovered field - located in northeast India, in the state of Assam.

Canoro is a Canadian-based international oil and gas company operating a development and an exploration block in the prolific Assam/Arakan basin of northeast India. The Company is testing and rehabilitating production from the suspended Amguri oil and gas field where it is the operator and has a 60% working interest. Canoro is drilling its first exploration well on the AA-ON/7 exploration block where it is the operator and has a 65% working interest. Common shares of Canoro trade on the TSX Venture Exchange under the symbol 'CNS'.

Certain statements contained in this news release may be considered as "forward-looking". Such statements are generally identifiable by the terminology used, such as "intend", "plan", "expect", "estimate", "budget", "outlook", "initiate" or other similar words. Such "forward-looking" statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated or implied results.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this News Release.

Contact Information

  • Canoro Resources Ltd.
    Rob McInnis
    Manager, Investor Relations
    (403) 543-5748
    (403) 543-5740 (FAX)
    Canoro Resources Ltd.
    2810, 715 - 5th Ave SW
    Calgary, Alberta T2P 2X6