DNT Candente Copper Corp

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Candente Resource Corp. (TSX:DNT)(BVL:DNT)(WKN:GW4) ("Candente" or the
"Company") is pleased to announce that it has closed the private placements
first announced on June 9, 2008. A total of $11,910,000 was raised by selling
7,940,000 Units through an offering (the "Global Offering") comprised of a
brokered private placement through a syndicate of dealers led by Raymond James
Ltd. and including Blackmont Capital Inc. and Wellington West Capital Markets
Inc.; a private placement through Credibolsa S.A.B. S.A. of Peru; and a
non-brokered private placement.


Units were sold at a price of $1.50 per Unit, each Unit consisting of one common
share and one-half of one share purchase warrant. Each whole warrant is
non-transferable and exercisable until June 26, 2010 to purchase one additional
common share of the Company at a price of $2.00 per share.


The securities issued in the Global Offering are subject to a four-month hold
period that expires October 27, 2008.


Net proceeds of the Global Offering will be used for funding exploration and
development activities on the Company's mineral properties and for general
corporate purposes.


Drilling continues at Canariaco Norte to test the potential for adding mineral
resources. Studies are underway to complete a Preliminary Economic Assessment
(Scoping Study) in 3Q 2008. A third drill is being mobilized to Canariaco Sur to
follow up on surface exploration activities completed earlier in 2008 and will
test several identified drill targets. Work towards the Canariaco Norte
Feasibility Study is ongoing. The Feasibility Study remains on track for
completion in 2Q 2009.


About Candente Resource Corp.

Candente is a diversified exploration company with copper, gold, silver, and
zinc projects in Peru and Mexico. The Canariaco Norte property, a copper deposit
located in Northern Peru, is currently in advanced resource definition and
Preliminary Economic Assessment stage. Candente's directors and management have
a track record in the discovery and development of copper, gold and silver
deposits and subscribe to principles which ensure that exploration and
development activities are beneficial to the local communities.


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.


CAUTIONARY NOTE TO U.S. INVESTORS

We advise U.S. investors that this news release uses terms which are not
recognized by the United States Securities and Exchange Commission ("SEC"),
including "mineral resources", "measured resources", "indicated resources" and
"inferred resources". The estimation of measured and indicated resources
involves greater uncertainty as to their existence and economic feasibility than
the estimation of proven and probable reserves. U.S. investors are cautioned not
to assume that mineral resources in these categories will be converted to
reserves. The estimation of inferred resources involves far greater uncertainty
as to their existence and economic viability than the estimation of other
categories of resources. U.S. investors are cautioned not to assume that
estimates of inferred mineral resources exist, are economically mineable, or
will be upgraded into measured or indicated mineral resources. U.S. investors
are cautioned not to assume that mineral resources in any of these categories
will be converted into reserves.


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