VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 14, 2012) - Canaco Resources Inc. (News - Market indicators) ("Canaco" or the "Company") today announces Brian Lock has resigned from the Company's Board of Directors, effective immediately, citing personal circumstances.
Canaco is a Vancouver-based mineral exploration company focused on advanced exploration projects in Africa. The Company has $90 million cash and no debt. Canaco's shares trade on the TSX Venture Exchange under the symbol CAN.
On behalf of the Board of Directors:
Andrew Lee Smith, P.Geo., President, CEO and Director