Appointment of New Director and New CFO
November 29, 2013
Vancouver, British Columbia, November 29th, 2013. Candente Gold Corp. (TSX:CDG, BVL:CDG, US:CGDXF) ("Candente Gold" or "the Company") is pleased to announce that Mr. Michael Casselman has joined the Board of Directors and Mr. Cameron Dong has been appointed the Company's CFO.
Mr. Casselman has over 40 years of Canadian and International mineral industry experience. Mr. Casselman brings managerial, technical, logistical, operational, environmental and community relations expertise to the Company. Mr. Casselman has extensive experience in exploring for and developing both precious and base metals deposits as well as diamond deposits.
Mr. Casselman's spent 30-years with Cominco Ltd. starting in 1969, In the mid-1990's, Mr. Casselman relocated to Santiago, Chile and led extensive exploration programs in his capacity as Manager, Exploration. He became Manager, International Exploration upon his return to Vancouver, and retired from Cominco in 1999.
Mr. Casselman joined the Candente Group of companies in 2004 where he has fulfilled many roles. He initially joined Candente Resource Corp. as General Manager, Exploration during which time he was instrumental in guiding exploration programs on the El Oro property in Mexico, various gold-silver prospects in Peru and also the definition of the Cañariaco Copper deposit. Mike also has acted as Director of Candente Resource Corp. July 4, 2004 until August 23, 2011 and Cobriza Metals Corp. from August 24, 2011 until September 11, 2013 when it was acquired by Candente Copper Corp.
Mr. G. Cameron Dong is a Chartered Accountant and partner in the Vancouver based accounting firm DeVisser Gray LLP. He received his Bachelor of Commerce degree with honours in 1998 from the University of British Columbia and qualified as a Chartered Accountant in 2001. Mr. Dong has extensive experience working with publically listed entities, particularly in the resource sector. He has had numerous clients with operations in both North and South America, providing them with professional services in corporate accounting, audit, tax and finance.
Mr. Dong succeeds Mr. Anthony Pitirri, who has served as Chief Financial Officer of Candente Copper since August 2012. Candente Gold would like to thank Mr. Pitirri for his contributions to the Company and wishes him all the best in his future endeavours.
Candente Gold Corp. (the "Company") is providing, in accordance with Toronto Stock Exchange requirements, the voting results for the election of its Board of Directors at its annual general meeting held on August 6, 2013. The director nominees as set out in the Company's Management Information Circular dated June 19, 2013 were elected as directors of the Company at the meeting to serve until the next annual general meeting of the Company. According to the proxies received and voted, the results for the election of directors were as follows:
|Joanne C. Freeze||16,978,683||15,700|
|Peter K.M. Megaw||16,977,723||16,660|
|Larry D. Kornze||16,214,083||780,300|
|Andres J. Milla||16,212,723||781,660|
|Kenneth G. (Ken) Thomas||16,967,723||26,660|
About Candente Gold
Candente Gold's flagship asset is El Oro, a district scale gold project encompassing the largest and most prolific high grade gold dominant epithermal vein system in Mexico.
Candente Gold also holds an extensive portfolio of 100% owned, early to mid-stage; high and low sulphidation epithermal gold projects in Peru. Many of these projects have significant exploration completed and targets ready to be drill tested.
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.
On behalf of the Board of Candente Gold Corp.
"Joanne Freeze" P.Geo.
President & CEO
For further information please contact:
Manager, Investor Relations
mobile: +1 (604) 306-8477
local: + 1 (604) 689-1957 ext 3
toll free: 1 (877) 689-1964 ext 3
Investor Relations, Peru
Tel.: (511) 715-2001 ext 107
Fax: (511) 717-1233