Candente Copper Corp (DNT)

[Frank Pembleton]

GOLDCORP Invests in CANDENTE

VANCOUVER, Feb. 5 /PRNewswire-FirstCall/ - Candente Resource Corp. (Candente) is pleased to announce that, subject to regulatory consent, the Company has agreed to a Non-Brokered Private Placement with Goldcorp Inc. (Goldcorp - GG:NYSE; G:TSX) to raise a total of $1,020,000 by issuing 1,700,000 units at $0.60. Each unit will comprise one share and one half share purchase warrant. One whole non-transferable share purchase warrant allows Goldcorp to purchase one share of the Company at a price of $0.90 per share during the first twelve months and $1.10 per share during the second twelve months. The funds will be used for general working capital and exploration of the Company's gold properties in Peru and Newfoundland. No brokers' fees or finders' fees will be payable on this financing.
This financing is the first step in the development of a strategic partnership between Goldcorp and Candente for exploration in Newfoundland.

Candente is a junior exploration company focused on the acquisition, exploration and development of world-class gold and copper projects. For more information on our current exploration progress visit www.candente.com and/or call us at [phone], toll free 1-877-689-1964 or e-mail to [e-mail].
http://biz.yahoo.com/prnews/030205/va030_1.html