Candente Resource Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) ("Candente" or the
"Company") announces financial results for the quarter ended March 31, 2009
("Q1-2009"). All amounts in this release are in U.S. dollars unless otherwise
stated.


The Company posted a net loss of $395,494 or $nil per share in Q1-2009, compared
to a loss of $1,049,517 or $0.01 per share in the three months ended March 31,
2008 ("Q1-2008").


The sharp reduction in net loss between the comparative quarters follows the
implementation of cost savings initiatives by management in response to the
global economic crisis in the second half of 2008. Given the financial
uncertainty caused by the global economic crisis and its effect on liquidity in
capital markets, the Company curtailed exploration activities and reduced
overhead expenses to preserve capital.


The Company's major general and administrative expenses in Q1-2009 were
stock-based compensation of $89,994, salaries and management fees of $89,638 and
foreign exchange loss of $78,206.


Mineral property expenditures were $183,677 in Q1-2009. At March 31, 2009, and
since inception, the Company's mineral properties' expenditures now total
$41,102,496.


At March 31, 2009, the Company had 81 million common shares outstanding plus 6.9
million stock options and 4.9 million share purchase warrants, for a
fully-diluted total of 92.8 million common shares.


At March 31, 2009, the Company had working capital of $1,140,245 including cash
and cash equivalents of $2,610,665.


The Company has initiated an arrangement which will see the formation of a new
company, Candente Gold Corp. ("Candente Gold"), to hold and develop its
gold-silver properties (see Candente news releases NR 258 on April 14, 2009 and
NR 259 on May 8, 2009). Management believes a company focused solely on precious
metals exploration will generate interest from investors and the creation of
Candente Gold will enable financing for work on its gold-silver properties.
Management is also very encouraged by the significant increase in copper price
to date in 2009 and is planning to assess financing opportunities that would
permit resumption of exploration and development activities on the Canariaco
copper project.


For a detailed analysis of the financial results presented above, refer to the
March 31, 2009 Unaudited 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.


NR 260

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