Subject to regulatory approval, Candente Resource Corp. has agreed to sell by Non Brokered Private Placement to a majority of arm's length investors, a maximum of 1,000,000 units at $0.25 to raise $250,000. Each unit will comprise one share and one half non-transferable share purchase warrant. One whole non-transferable share purchase warrants allow the placee to purchase one previously un-issued share of the company for a period of eighteen months for $0.35 cents.
The funds will be used for working capital and exploration on existing properties in Peru.
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.
ON BEHALF OF THE BOARDS OF DIRECTORS
Joanne Freeze, P. Geo., President & CEO
Candente Resource Corp.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.