CNY

Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is
pleased to announce that it has signed a land lease agreement for the Valdirao
Manganese Mine Site and the Management Cease Trade Order, ("MCTO") has been
lifted. 


On July 15, 2013 the Company announced that the Departamento Nacional de
Producao Mineral, (Department of Mines for Mineral Production), ("DNPM"), had
issued the Guia De Utiliacao, or Trial Mining License, ("Guia"), on its
886241/2011 manganese claim. This claim is also known as the Valdirao Mine Site.
The issuance and receipt of the Guia, Trial Mining License, provides approval
for mining operations, extraction, processing and sales of Manganese ore. 


Cancana has completed the site survey and determined the initial mine site and
road access network which covers approximately 17 Hectares. The Company has been
working with local contractors to complete the mining plan and budgets to start
initial mining of manganese ore. 


In concert with beginning mining operations Cancana has secured a Land Lease
Agreement with the landowner for use of the land during the period of time in
which mining is taking place. The Land Lease Agreement provides for Cancana to
have unrestricted access by way of the installation of fencing, road
installation and development of the overall mine site. 


Cancana recently completed the filing of its Annual Audited Financial Statements
for the period ended January 31, 2013 on July 31, 2013, and then subsequently
filed its 1st quarter Interim Financial Statements for the period ending April
30, 2013 on August 1, 2013. 


With the completion of the filing of these financial statements the Company is
up to date with its financial filings and the MCTO has been lifted by the
Alberta Securities Commission as of the close of business on August 6, 2013. 


Andrew Male, President & CEO of Cancana, commented; "The signing of this Land
Lease Agreement and the issuance of the Guia, allows us to now to be able to
commence mining excavation, ore processing and sales, which will be the final
stage in transitioning from exploration to production. We would like to thank
Valdirao, the land owner, for his cooperation during this process and look
forward to a positive working relationship with him." 


Cancana Resources Corp. is an exploration stage company that is transitioning
into production with assets in Brazil and Canada. The Company has been seeking
projects that expand its resource base and provide for near term production and
revenue. All available resource reports and information on the Company's
properties are located on the Company website. 


Issued on behalf of the Board of Directors of Cancana Resources Corp.

Mr. Andrew Male, CEO & Director 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. The information in
this news release may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. When used in this release, words such as "estimate",
"expect", "anticipate" and "believe" as well as similar expressions are intended
to identify forward-looking statements. Such statements are used to describe
management's future plans, objects, and goals for the Company and therefore
involve inherent risks and uncertainties. The reader is cautioned that actual
results, performance or achievements may be materially different from those
implied or expressed in such statements, which speak only as of the date, the
statements were made. The Company does not update forward-looking statements
continually as conditions change. We seek safe harbour.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cancana Resources Corp.
+1 403 269 2065
cancana.ir@cancanacorp.com
www.cancanacorp.com

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