Candelaria Mining Corp.

Candelaria Mining Corp. is pleased to provide an update on a private placement previously announced on December 21, 2018. The Company would like to state that the private placement is still ongoing and management is still discussing with interested parties. Pursuant to the news release on December 21, 2018, the Company intends to conduct an offering, on a non-brokered private placement basis, of up to 10,500,000 units of [...]

Not for distribution to United States newswire services or for dissemination in the United States Candelaria Mining Corp. is pleased to announce that it intends to conduct an offering, on a non-brokered private placement basis, of up to 10,500,000 units of the Company at a subscription price of $0.40 per Unit for aggregate gross proceeds of up to $4,200,000 . Each Unit will consist of one common share of the Company and [...]

Candelaria Mining Corp. announces that it has agreed to issue 7,075,472 of the Company’s common shares to the shareholders of Minera Apolo S.A. de C.V. to acquire the remaining 40% of the shares of Minera Apolo. Minera Apolo, incorporated in Mexico, holds several mining properties including the Pinos Gold Project . For further details on Pinos, please see September 13, 2018 news release on Pinos’s Preliminary [...]

Candelaria Mining Corp. announces that it proposes to make an application to the TSX Venture Exchange to extend the expiry dates of 12,632,398 outstanding share purchase warrants by twelve months. The Company proposes to extend the expiry dates of the Warrants as follows: December 14, 2020 as to 2,888,888 warrants, January 6, 2021 as to 2,154,443 warrants, March 13, 2021 as to 777,777 warrants and February 18, 2021 as to [...]

Candelaria Mining Corp. has filed a National Instrument 43-101 Technical Report regarding the preliminary economic assessment for its Pinos Gold Project , which was announced on September 13, 2018. The Pinos project is located at 140 kilometers east of the capital Zacatecas in the state of Zacatecas, Mexico. The project is district scale consisting of twenty-nine contiguous mining claims and covering 3,816 hectares, with [...]

The Pinos Project Preliminary Economic Assessment results indicate a 7 year Life of Mine with projected gold equivalent ounce production of 89,000 with an after-tax IRR of 25%. Pinos Sensitivity Chart Candelaria Mining Corp. is pleased to provide the following update on the Company’s Pinos gold project located 140 kilometers east of the capital Zacatecas in the state of Zacatecas, Mexico. The project is district [...]

VANCOUVER, British Columbia, May 02, 2018 -- Candelaria Mining Corp. announces it has received authorization of the Environmental Impact Assessment for its Epithermal gold Pinos Project located in Zacatecas, Mexico. The regulator has outlined the environmental protection programs required during construction of the project which are normal and in-line with expectations. Furthermore, the Company previously received [...]

British Columbia , April 27, 2018 -- Candelaria Mining Corp. announces that it will be making an application to the TSX Venture Exchange to amend the exercise price of an aggregate of 12,632,398 outstanding common share purchase warrants issued pursuant to two private placements that completed in 2016. The Warrants will be repriced from $0.75 to $0.60 as follows: 2,888,888 warrants expiring on December 14, 2018, 2,154,443 [...]

VANCOUVER, British Columbia, March 27, 2018 -- Candelaria Mining Corp. announces the grant of stock options and restricted share units to certain officers and directors of the Company. Options to purchase up to 750,000 common shares were granted to an officer of the Company, pursuant to the Company’s stock option plan, exercisable at a price of $0.68 per common share. The stock options have a term of 5 years and [...]

VANCOUVER, British Columbia, Dec. 01, 2017 -- Candelaria Mining Corp. announces it intends to extend certain outstanding share purchase warrants. Warrants expiry date extension The Company intends to make an application to the TSX Venture Exchange to extend the exercise period of a total of 12,632,398 outstanding share purchase warrants exercisable at $0.75 per share . The Warrants were issued pursuant to private [...]