DNT Candente Copper Corp

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES.


Further to the press release issued February 11, 2010, Candente Copper Corp.
(TSX:DNT) (the "Company") is pleased to announce it has received commitments for
approximately C$5,000,000 of units (the "Units") of the Company to be sold by
way of private placement (the "Offering").


Each Unit will be priced at $0.35 per Unit, and will comprise one common share
and one half of a common share purchase warrant, with each whole warrant
exercisable at $0.50 for a period of 36 months from Closing.


The common shares and warrants comprising the Units and the common shares
issuable upon exercise of the warrants will be subject to a four-month hold
period under applicable Canadian securities laws. Closing is expected to be on
or about March 2, 2010.


The Offering is being made in all provinces of Canada, via private placement in
the U.S. in accordance with certain exemptions under the U.S. Securities Act,
and other jurisdictions as may be determined between the Company and the Agents,
and is subject to the approval of regulatory authorities. The securities offered
have not been registered under the U.S. Securities Act of 1933, as amended, and
may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of the securities in any State in which such offer,
solicitation or sale would be unlawful.


About Candente Copper

Candente Copper (TSX:DNT) is developing the 7.7 billion pound feasibility stage
Canariaco Norte copper deposit in northern Peru, exploring the company's
portfolio of copper projects throughout Peru, and pursuing prospective copper
projects in the Americas.


On behalf of the Board of Candente Copper Corp.

Joanne Freeze, CEO & Director

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 002

Candente Copper (TSX:DNT)
Historical Stock Chart
From Jun 2024 to Jul 2024

Candente Copper (TSX:DNT)
Historical Stock Chart
From Jul 2023 to Jul 2024