Candente Resource Corp. (TSX:DNT)(BVL:DNT)(WKN:GW4) clarifies that the Company
has no direct exposure to Canadian or other asset-backed commercial paper (or
sub prime mortgages). The Company completed a Cdn$17 Million financing on June
7th, 2007 and all Corporate funds held are in HSBC Banker's acceptances, not
commercial paper.


The Company's personnel and its projects are safe and all operations continue as
usual after the recent earthquake and aftershocks in Southern Peru. The
epicentre was 150km South-South East of Lima, approximately 840 kilometres from
the Canariaco project. The Company and their personnel are assisting in relief
efforts by way of donations and directly in the field. In addition the Company
is assessing other ways in which it can help in the rescue and reconstruction
effort.


Candente is a diversified copper and gold exploration company focused on
increasing value through discovery for both shareholders and local stakeholders.
Candente has an advanced exploration stage copper project, Canariaco, where
feasibility studies and further drilling is underway. The Company also has
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.


NR 222

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.


Candente Copper (TSX:DNT)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Candente Copper Charts.
Candente Copper (TSX:DNT)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Candente Copper Charts.