Candente Gold Engages 3rd Eye Research to conduct Investor Relations and Issues Stock Options
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Candente Gold Engages 3rd Eye Research to conduct
Investor Relations and Issues Stock Options
Vancouver, British Colu mbia (May 7, 2018) Candente Gold Corp. (TSXV:CDG) (“Candente
Gold” and/or the “Company”) is pleased to announce that the Company has retained 3 rd Eye
Research Capital (“3ERC”) to provide services pursuant to an Investor Relations agreement (the
“Agreement”). The services will include: conducting research on the Company and its El Oro
project, distributing such research to its existi ng network and to a wider audience (prospective
investors) for the purpose of in creasing awareness of the Compan y and its activities. 3ERC may
also make contact with current Candente Gold shareholders.
3 r d E y e R e s e a r c h C a p i t a l ( 3 E R C ) i s a n I n v e s t o r Relations (“IR”) firm guided by investing and
marketing-minded professionals. With nearly a century of collective experience, largely geared
toward junior mining and exploration stocks, 3E RC is well qualified to execute upon Candente
Gold’s IR initiatives. 3ERC services include, but are not limited to: designing educational reports
and articles, creating original audio and video cont ent, as well as thoughtful distribution of such
material via telephone, email, online advertising, and social media.
“We are very pleased that 3ERC has chosen Candente Gold and the El Oro Gold-Silver project as
one of their few companies they wish to supp ort and look forward to working together to
potentially increase value for ou r shareholders and get back to exploring the El Oro project in
the near future”, commented Joanne Freeze, President and CEO.
The Company has granted stock options (the “Opt i o n s ” ) t o 3 E R C t o p u r c h a s e u p t o 2 5 0 , 0 0 0
common shares of the Company at an exercise price of $0.05 per common share which will vest
25% quarterly over one year and will have a fi ve-year term. The Compan y will also pay 3ERC a
monthly fee of $3,000. The Agreement has an initial 6 month term and is renewable and the
grants of Options are subject to approval by the TSX Venture Exchange.
The Company has also granted an additional 1, 350,000 stock options to Management, Directors
and an Employee, under the same terms as above and according to the following allocation:
Joanne C. Freeze President, CEO and Director 300,000 $0.05
Paul H. Barry Chairman and Director 200,000 $0.05
Larry Kornze Directo r 200,000 $0.05
Kenneth G. Thomas Directo r 200,000 $0.05
Ian Ward Directo r 200,000 $0.05
Alec Peck CFO 150,000 $0.05
Maria Paz Alfaro
del Prado
Employee 100,000 $0.05
NEWS RELEASE
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About Candente Gold
Candente Gold’s flagship asset is El Oro, a distri ct scale gold project encompassing a well-known and
prolific, high grade gold dominant, silver epithermal vein system in Mexico. The project covers 20 veins
with past production and more than 57 veins in total. Approximately 6.4 million ounces of gold and 74
million ounces of silver were reported to have been produced from just two of these veins (Ref. Mexico
Geological Service Bulletin No. 37, Mining of the El Oro and Tlapujahua Districts. 1920, T. Flores)
Modern understanding of epithermal vein systems indicates that several of the El Oro district’s veins hold
excellent discovery potential, particularly below and ad jacent to the historic workings of the San Rafael
Vein, which was mined to an average depth of only 200 metres.
I n a d d i t i o n t o t h e h a r d r o c k p o t e n t i a l , C a n d e n t e G o l d i s i n v e s t i g a t i n g t h e p o t e n t i a l t o r e c o v e r g o l d a n d
silver from the Mexico Mine Tailings by granting Su n River Gold Corp. (“SRG”), the right and option to
further test and, if proven economic, develop and operate the Company’s tailings project in El Oro Mexico
(the “Tailings Project”). Under the option, Sun River is to make staged payments, totalling US$500,000
over 28 months, bring the mine tailings into commerc ial production within 36 months, and grant to the
Company a 5% of net profits (“NPI”) Life of Mine royalty on production from the tailings. Candente Gold
has the right to re-process the tailings under an agreement with the Municipality of El Oro.
Candente Gold is dedicated to being a responsible Community partner.
Joanne C. Freeze, P.Geo., Director and CEO is the Qualified Person as defined by National Instrument 43-
101 for the project discussed above. Ms. Freeze has reviewed and approved the contents of this release.
Neither TSX Venture Exchange nor its Regulation Se rvices Provider accepts responsibility for the
adequacy or accuracy of this release.
Forward-looking Information
This news release may contain forward-looking info rmation (as such term is defined under Canadian
securities laws) including but not limited to information regarding the processing of tailings to generate
short-term cash flow, the potential for discovery in th e El Oro district and other statements that are not
historical facts. While such forward-looking information is expressed by Candente Gold in good faith
and believed by Candente Gold to have a reasonable basis, they addre ss future events and conditions
and are therefore subject to inherent risks and uncert ainties including those set out in Candente Gold’s
MD&A. Factors that cause the actual results to differ materially from th ose in forward-looking
information include, without limitation, gold prices, results of exploration an d development activities,
regulatory changes, defects in title, availability of materials and equipment, timeliness of government
approvals, potential environmental issues, availability of capital and financing and general economic,
market or business conditions. Candente Gold expressl y disclaims any intention or obligation to update
or revise any forward-looking information, whether as a result of new information, future events or
otherwise, except in accordance with applicable securities laws.
On behalf of the Board of Candente Gold Corp.
“Joanne Freeze” P.Geo.
President & CEO
For further information please contact:
Joanne Freeze
President & CEO
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