DNT Candente Copper Corp

Candente Resource Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) ("Candente" or the
"Company") announces financial results for the fiscal year ended December 31,
2008. All amounts in this release are in U.S. dollars unless otherwise stated.


The Company posted a net loss of $5,031,651 or $0.07 per share in 2008, compared
to a loss of $3,423,928 or $0.05 per share in 2007. The Company's major general
and administrative expenses in 2008 were stock-based compensation of $1,889,692,
foreign exchange expense of $1,123,133 and management and office salaries and
benefits of $839,777.


Mineral property expenditures were $15,557,857 in 2008, including $13,274,475 on
the Canariaco property. At December 31, 2008, the Company's mineral properties
expenditures totalled $40,918,819.


The Company completed a private placement of 7,940,000 units at a price of
Cdn$1.50 per unit for gross proceeds of Cdn$11,910,000 ($11,755,996). Each unit
consisted of one common share and a one half share purchase warrant, each full
warrant exercisable at a price of Cdn$2.00 to purchase one additional common
share to June 26, 2010. Agents' warrants to purchase 394,449 common shares of
the Company at a price of Cdn$1.75 per share, having a fair value of $162,757,
were issued as part of the private placement. Total share issue costs were
$860,007, resulting in net proceeds of $10,895,989. The share purchase warrants
were assigned a fair value of $1,420,195.


At December 31, 2008, the Company had outstanding 81 million common shares, 7.9
million stock options and 4.9 million share purchase warrants, for a
fully-diluted amount of 93.8 million common shares.


At December 31, 2008, the Company had working capital of $1,556,633 including
cash and cash equivalents of $3,448,322.


Given the financial uncertainty caused by the global economic crisis and the
ongoing effect on both commodity prices and liquidity in capital markets, the
Company has curtailed exploration activities to preserve capital. The Company
has also significantly reduced staff in Peru and in Canada and taken steps to
minimize operating costs. Despite the current economic challenges, the Company
is continuing to actively assess options to facilitate resumption of exploration
and development activities.


For a detailed analysis of the above financial results, refer to the 2008
Consolidated Financial Statements and Management's Discussion and Analysis
available on the Company's website at www.candente.com and at www.sedar.com.


About Candente Resource Corp.

Candente is a diversified exploration and development company with copper, gold,
silver, and zinc projects in Peru and Mexico. Candente's Management Team and
Board of Directors are senior mining industry executives with a track record in
the discovery and development of copper, gold and silver deposits. Candente
subscribes to principles, which ensure that exploration and development
activities are consistent with best practice and 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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