Canoro Resources Ltd. Issues Update on Amguri Litigation

Dec 21, 2010, 07:30 ET from Canoro Resources Ltd.

VANCOUVER, British Columbia, Dec. 21, 2010 /PRNewswire/ -- Canoro Resources Ltd. (the "Company") (TSXV: CNS) announces that, further to its press release dated October 13, 2010, hearings have concluded in the High Court of Delhi respecting the purported termination of the Amguri Production Sharing Contract by the Government of India, Ministry of Petroleum and Natural Gas, and a judgment is now awaited from the High Court.  The Company will provide a further update when a decision is received from the Court.

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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of the contents of this news release.

SOURCE Canoro Resources Ltd.



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