On another matter the Company has received conditional approval from the Toronto Stock Exchange ("TSX") for its Shareholders Rights Plan (the "Plan"), subject to submission of certain documents from the Company to the TSX. The Plan's effective date has been changed from the date it was announced, September 7, 2006 to the date it was approved by the Shareholders at the Special General Meeting, March 9, 2007. The Plan is posted on the Company's website and will be posted on Sedar once the TSX has given its final approval.
Candente is a diversified copper and gold exploration company focused on increasing shareholder value through discovery. Candente has an advanced exploration stage leachable copper project, Cañariaco, and several other gold, copper and silver projects in Peru and Mexico. Candente subscribes to principles which ensure that its exploration and development activities are beneficial to the local communities.
For further information please contact Joanne Freeze at: (604) 689-1957 or toll free 1-877-689-1964; or info@candente.com www.candente.com
Release No. 205
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Candente relies upon litigation protection for forward-looking statements.