VANCOUVER, British Columbia, Jan. 17, 2011 /CNW/ -- Canoro Resources Ltd. (the "Company") (TSXV: CNS) announces that Douglas Martin has resigned as a director of the Company for personal reasons. The Company thanks him for his service and plans to nominate an additional director to replace him at its upcoming annual general and special meeting. For further information, please contact: Rene Randall Tel: (1) 604-408-8538 Email rrandall@bmgmt.com or visit the Company's website at www.canoro.com This press release is not to be distributed to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. Rene Randall, +1-604-408-8538, rrandall@bmgmt.com Web Site: http://www.canoro.com

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