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Candente Gold Grants Stock Options

Share Capital & Compensation

NEWS RELEASE

Candente Gold Grants Stock Options

Vancouver, British Columbia, March 1, 2017. Canden te Gold Corp. (TSXV:CDG) ("Candente

Gold” and/or the “Company”) announces that it has g ranted a total of 250,000 incentive stock

options (the “Options”) to certain directors, offic ers, members of management and/or key

consultants, as recommended by the Company’s Compensation and Governance Committee.

The Options are exercisable in whole or in part unt il February 28, 2027, at an exercise price of

$0.05 and are subject to the terms and conditions of the Company’s incentive stock option plan.

About Candente Gold

Candente Gold's flagship asset is El Oro, now 100% held by Candente Gold, a district scale

gold project encompassing a well known prolific hig h grade gold-silver (average 1:10

ratio) epithermal vein system in Mexico. The project covers 20 veins with past production

and more than 57 veins in total, from which approximately 6.4 million ounces of gold and

74 million ounces of silver were reported to have b een produced from just two of these

veins (Ref. Mexico Geological Service Bulletin No. 37, Mi ning of the El Oro and

Tlapujahua Districts. 1920, T. Flores)

Joanne C. Freeze, P.Geo., Director and CEO is the Q ualified Persons as defined by

National Instrument 43-101 for the project discussed above. Ms. Freeze has reviewed and

approved the contents of this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.

On behalf of the Board of Candente Gold Corp.

“Joanne Freeze” P.Geo.

President & CEO

For further information please contact:

Walter Spagnuolo

Manager, Investor Relations

mobile: +1 (604) 306-8477

local: + 1 (604) 689-1957 ext 3

toll free: 1 (877) 689-1964 ext 3

[email protected]

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