2001 News

Candente Resource Corp. and Britannia Minerals Corp. are pleased to announce that Candente has agreed to acquire Britannia's remaining interests in the Columbia, Las Sorpresas and El Tigre properties in Peru. Candente will pay to Britannia 500,000 shares within seven (7) days of the transfer of the properties being completed between their subsidiary companies in Peru.

Candente and Britannia had entered into an Option Agreement in June of 1999 by which Candente had earned a 51% interest in each of the Columbia and El Tigre Properties and 54% in the Las Sorpresas Property. Candente will now hold 100% undivided interest in each of the three properties.

Candente Resource Corp. http://www.candente.com/ is actively exploring and holds interests in epithermal gold, disseminated copper-gold and VMS prospects in Peru. For more information contact us at (604) 689-1957 or at investor@candente.com.

The disposition by Britannia is part of its management decision to pursue new opportunities in the technology sector.


Joanne Freeze, P. Geo., President & CEO
Candente Resource Corp.

John Greenslade, President
Britannia Gold Corp.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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