Panoro completes C$15 million bought deal financing

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION 
IN THE UNITED STATES/ 
VANCOUVER, March 14, 2013 /CNW/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) 
(Frankfurt: PZM) ("Panoro" or the "Company") is pleased to announce that it 
has completed its previously announced bought deal public equity financing. A 
total of 27,300,000 common shares of the Company (the "Common Shares") were 
issued and sold at a price of C$0.55 per Common Share (the "Offering Price") 
for gross proceeds of C$15,015,000 (the "Offering"). The Offering was 
completed by a syndicate of underwriters led by Canaccord Genuity Corp. and 
included BMO Capital Markets, Macquarie Capital Markets Canada Ltd. and Mackie 
Research Capital Corp. (the "Underwriters"). 
The Company has granted the Underwriters an over-allotment option to purchase 
an additional 4,095,000 common shares of the Company at the Offering Price and 
on the same terms as the Offering, exercisable at any time, in whole or in 
part, for a period of 30 days after and including the closing date of the 
Offering. This over-allotment option has not been exercised as at the time of 
this press release. 
The Underwriters received a cash commission equal to 6% (C$909,900) of the 
gross proceeds of the Offering and an aggregate of 1,638,000 brokers' 
warrants. Each brokers' warrant allows the Underwriters to purchase one common 
share of the Company at C$0.55 for a period of 36 months following the closing 
of the Offering. 
The Company intends to use the net proceeds from the Offering to fund the 
continued exploration and development of the Company's Cotabambas Project as 
well as for working capital and general corporate purposes. 
"The completion of this important financing during a period of very difficult 
market finance conditions is further validation of the high quality of the 
Cotabambas Project and the ability of management to continue to deliver 
meaningful advancement of Peru's next important copper project. Panoro's 
Cotabambas Project together with Xstrata's Las Bambas and Antapaccay Projects, 
Hudbay Minerals' Constancia Project, First Quantum Minerals' Haquira Project 
and Grupo Mexico's Los Chancas Project will together go a long way to 
achieving Peru's goal of becoming the worlds premier copper producing 
nation.", stated Panoro's President & CEO, Luquman Shaheen. 
About Panoro 
Panoro's strategic focus is to move its advanced stage projects to the 
feasibility and development stages and to explore its other projects. The 
Company owns the advanced Cotabambas Copper-Gold and Antilla Copper-Molybdenum 
Projects which include Inferred level resources of:  
Cotabambas:   404.1 Mt @ 0.42% Cu, 0.23g/t Au and 2.84g/t Ag @ 0.2% 


              Cueq cut-off (AMEC 2012)
              (in situ content of 3.75 billion lbs. Cu, 3.0 million oz.
              Au, 36.9 million oz. Ag)
             
    Antilla:   154 Mt @ 0.47% Cu and 0.009% Mo @ 0.25% Cu cut-off (AMEC,
              2009)
              (in-situ content of 1.6 billion lbs. Cu and 30 million
              lbs. Mo)


Panoro's significant portfolio of properties is located primarily in the 
south-eastern region of Peru. In September 2010, Xstrata announced US$5.7 
billion of investment to develop the Las Bambas and Antapaccay projects. 
HudBay Minerals' is investing US$1.5 billion into the development of the 
Constancia Copper Project. 
Luis Vela, a Qualified Person under National Instrument 43-101, has reviewed 
and approved the scientific and technical information in this press release. 
This press release does not constitute an offer of securities for sale in the 
United States. The securities being offered have not been, nor will be, 
registered under the United States Securities Act of 1933, as amended, and may 
not be offered or sold within the United States absent U.S. registration or an 
applicable exemption from U.S. registration requirements. 
On behalf of the Board of Panoro Minerals Ltd. 
Luquman Shaheen, M.B.A., P.Eng., P.E.
President & CEO 
This release was prepared by management of the Company who takes full 
responsibility for its contents. Neither TSX Venture Exchange nor its 
Regulation Services Provider (as that term is defined in the policies of the 
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of 
this release. 
Panoro Minerals Ltd. Luquman Shaheen, President & CEO Phone:604.684.4246 Fax: 
604.684.4200 Email:info@panoro.com Web:www.panoro.com 
Renmark Financial Communications Inc. Barbara Komorowski: 
bkomorowski@renmarkfinancial.com Barry Mire:bmire@renmarkfinancial.com Media 
-Lynn Butler: lbutler@renmarkfinancial.com Tel.: (416) 644-2020 or (514) 
939-3989 www.renmarkfinancial.com   
SOURCE: Panoro Minerals Ltd. 
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CO: Panoro Minerals Ltd.
ST: British Columbia
NI: MNG NEWSTK LOAN MNA  
-0- Mar/14/2013 12:18 GMT