Candorado Operating Company Ltd.

Candorado Operating Company Ltd.

December 13, 2006 09:20 ET

Candorado Operating Company Ltd. Retains Renmark Financial Communications Inc.

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - Dec. 13, 2006) - Candorado Operating Company Ltd. (the "Company") (TSX VENTURE:CDO) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.

"We are pleased to announce that we have selected Renmark to strengthen Candorado's profile in the financial community and enhance the visibility of our project portfolio. We choose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public," noted Rene Bernard, President, CEO & Director of Candorado Operating Company Ltd.

In consideration of the services to be provided, the Company has agreed to pay a monthly retainer of $6,000 for a one-year contract to Renmark Financial Communication Inc. commencing January 1, 2007.

About Candorado Operating Company:

Candorado Operating Company Ltd. is a Canadian based resource company focused on the acquisition, exploration and development of resource projects in Canada.

Rene Bernard, Chairman

ON BEHALF OF THE BOARD OF DIRECTORS of Candorado Operating Company Ltd.

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.

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