Candente Resource Corp.
TSX : DNT

Candente Resource Corp.

April 05, 2007 15:40 ET

Candente Resource Corp. Warrants Exercised

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 5, 2007) - Candente Resource Corp. (TSX:DNT) ("Candente" and or the "Company") is pleased to announce that a total of 1,913,813 warrants, expiring on March 29, 2007 and March 31, 2007 have been exercised at a price of $1.25 per share netting proceeds of $2,392,266.20 to the Company. The Company now has a total of 55,467,757 Shares Issued and Outstanding, 1,500,000 Warrants exercisable at $1.65 per share expiring on November 30, December 4 and December 6, 2007 and 6,698,500 Stock Options totalling 63,956,257 Shares on a Fully Diluted basis.

On another matter the Company has received conditional approval from the Toronto Stock Exchange ("TSX") for its Shareholders Rights Plan (the "Plan"), subject to submission of certain documents from the Company to the TSX. The Plan's effective date has been changed from the date it was announced, September 7, 2006 to the date it was approved by the Shareholders at the Special General Meeting, March 9, 2007. The Plan is posted on the Company's website and will be posted on Sedar once the TSX has given its final approval.

Candente is a diversified copper and gold exploration company focused on increasing shareholder value through discovery. Candente has an advanced exploration stage leachable copper project, Canariaco, and several other gold, copper and silver projects in Peru and Mexico. Candente subscribes to principles which ensure that its exploration and development activities are beneficcial 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.

Release No. 205

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