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PML.V ·

Panoro Minerals Announces Granting of Options

Share Capital & Compensation

Page 1

Panoro Minerals Announces Granting of Options

Vancouver, B.C., August 19, 2019 - Panoro Minerals Ltd. (TSXV: PML, Lima: PML,

Frankfurt: PZM) ("Panoro", or the "Company") Panoro announces the granting of

4,300,000 options exercisable at a price of $0.15 to directors, officers, senior

management and employees pursuant to the Company's stock option plan and subject

to the TSX Venture Exchange rules and regulations.

On behalf of the Board of Panoro Minerals Ltd.

Luquman A. Shaheen, M.B.A., P.Eng., P.E.

President & CEO

FOR FURTHER INFORMATION, CONTACT:

Panoro Minerals Ltd.

Luquman Shaheen, President & CEO

Phone: 604.684.4246 Fax: 604.684.4200

Email: [email protected]

Web: www.panoro.com

Renmark Financial Communications Inc.

Melanie Barbeau

Tel.: (514) 939-3989

[email protected]

www.renmarkfinancial.com

Neither the 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.