Candelaria Mining Corp.

Candelaria Mining Corp. is pleased to announce that it has closed a US$9 million medium term loan facility with Accendo Banco, S.A. . Funds advanced under the facility will be used for financing construction of the Company’s Pinos project and working capital purposes. The loan facility will be secured against the assets of the Company and its subsidiaries, will bear interest at 13% per annum, and have a term of 60 months [...]

Candelaria Mining Corp. is pleased to announce that it has entered into a letter agreement with Accendo Banco, S.A. providing the terms under which Accendo will provide a loan facility for US$9 million. Funds advanced under the facility will be used for financing construction of the Company’s Pinos project and working capital purposes. The loan facility will be secured against the assets of the Company and its [...]

Candelaria Mining Corp. is pleased to announce the closing of an offering, on a non-brokered private placement basis, of 4,237,042 units of the Company at a subscription price of $0.25 per Unit for aggregate gross proceeds of $1,059,261 . Each Unit consists of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at a price of [...]

Candelaria Mining Corp. is pleased to announce that the Company has received subscriptions for an offering, on a non-brokered private placement basis, of 4,237,042 units of the Company at a subscription price of $0.25 per Unit for aggregate gross proceeds of up to $1,059,261 . Each Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder [...]

Candelaria Mining Corp. is pleased to announce in-fill drill results from the Cinco Estrellas Vein at the Pinos Gold Project located in Zacatecas, Mexico. The 20 holes in-fill drilling program confirms the grade and continuity of the Cinco Estrellas vein and include the following intervals: 2.4 m at 5.3 gpt AuEq * 3.7 m at 4.4 gpt AuEq * 1.3 m at 6.2 gpt AuEq * 1.8 m at 7.3 gpt AuEq * *please see detailed results table in [...]

Candelaria Mining Corp. is pleased to provide an update on a private placement previously announced on December 21, 2018 and March 8, 2019. The Company would like to state that the private placement has been discontinued due to unfavorable market conditions. The Company would like to announce a new private placement with revised terms. The Company intends to conduct an offering, on a non-brokered private placement basis [...]

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 [...]