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Candelaria Announces Termination of Brokered Private Placement

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VANCOUVER, British Columbia, June 16, 2021 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Firm”) publicizes that the Firm won’t be continuing with the proposed brokered personal placement that the Firm beforehand introduced on April 14, 2021 and Could 13, 2021. The Firm is at present contemplating alternate types of funding.

ON BEHALF OF THE BOARD
Mike Struthers
CEO
+1 604 349 5992

For additional data, please contact:

Candelaria Mining Corp.
Investor Relations
+1 604 349 5992 | info@candelariamining.com

Cautionary Be aware Concerning Ahead-looking Statements: This press launch accommodates sure “forward-looking statements” and “forward-looking data” beneath relevant Canadian securities legal guidelines. Ahead-looking statements and forward-looking data embrace, however will not be restricted to, statements with respect to the phrases, the usage of proceeds and the timing of closing of the Providing. Ahead-looking statements are based mostly on the opinions and estimates as on the date the statements are made, and are based mostly on quite a lot of assumptions and topic to quite a lot of dangers and uncertainties and different components that would trigger precise occasions or outcomes to vary materially from these projected within the forward-looking statements. Many of those assumptions are based mostly on components and occasions that aren’t throughout the management of the Firm and there’s no assurance they may show to be appropriate. Components that would trigger precise outcomes to fluctuate materially from outcomes anticipated by such forward-looking statements embrace modifications in market situations or metals costs, unanticipated developments on the Firm’s properties, and different dangers described within the Firm’s public disclosure paperwork accessible beneath the Firm’s profile at www.sedar.com.

Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

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