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Mr. Sokhie Puar reports

CANDELARIA MINING ANNOUNCES AGM RESULTS AND CHANGES TO MANAGEMENT

Candelaria Mining Corp.'s annual general meeting (AGM) was held on Sept. 12, 2016, in Vancouver, B.C.

At the AGM, all resolutions presented to the company's shareholders, including resolutions approving the appointment of auditor and the company's rolling 10-per-cent stock option plan, were approved. The director nominees listed in the management information circular dated Aug. 8, 2016, were elected as directors of the company at the AGM.

The company would like to welcome Javier Montano as a newly elected director. Sokhie Puar, Javier Reyes, Ramon Perez and Manuel Gomez were re-elected as directors of the company.

Mr. Montano is a certified public accountant with a postgraduate in accounting at Universidad Panamericana de Guadalajara, Jalisco. He is currently the chief executive officer of C-UNO SA de CV, an investment company based in Mexico.

The company is also pleased to announce that Sam Wong has joined the company as chief financial officer and corporate secretary. Mr. Perez has agreed to act as interim chief executive officer, and Mr. Puar has agreed to act as president and chairman.