VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/07/12 -- Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to announce its Board of Directors has approved a revised budget of $3.5 million for the six months ending December 31, 2012, reduced from $11 million as previously announced (refer to the Company's news release dated May 31, 2012).
In regards to this news, Canaco President and
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