Candente Gold to Delist From TSX With Plans to Move Listing to Another Qualified Canadian Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2015) - Candente Gold Corp. (TSX:CDG) ("Candente Gold" or the "Company") advises that further to News Release 039 (dated October 2, 2014), the Toronto Stock Exchange (the "TSX") has advised that common shares of the Company will be delisted from the TSX at the close of business on June 8, 2015 for failure to meet continued listing requirements. The Company is in the process of arranging for the continued uninterrupted trading of the Company's common shares on another qualified Canadian Stock Exchange upon delisting from the TSX, taking into consideration both cost savings and shareholder interests.

The Company remains focused on capital preservation and evaluating the potential for generating cash flow from its Tailings project in El Oro, Mexico.

Joanne C. Freeze, P.Geo., CEO is the Qualified Persons as defined by National Instrument 43-101 for the project discussed above. Ms, Freeze has reviewed and approved the contents of this release.

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 silver 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 been produced from just two of these veins.

Modern understanding of epithermal vein systems indicates that several of the El Oro district's veins hold multi-million ounce discovery potential, particularly below and adjacent to the historic workings of the San Rafael Vein, which was mined to an average depth of only 200 metres.

Current focus is the evaluation of potential for historic tailings to generate near-term cash flow. These tailings are left from pre-1930s milling of ores from the Mexican Mine in the El Oro District. These tailings have had extensive historic assessments including drill testing and metallurgical test work. The Mexico Mine Tailings deposit lies within the town of El Oro and covers an area of approximately 5.6 hectares that once reclaimed, will be available for the town's future development. The tailings are adjacent to existing road access, power and water services.