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Candelaria Mining Announces Closing Of $810,000 Private Placement

May 05, 2016 – Vancouver, British Columbia – Candelaria Mining Corp. announces it has closed its previously announced non-brokered private placement of 16,200,000 common shares at a price of $0.05 per share for total proceeds of $810,000.

The securities issued in connection with the private placement are subject to a four month hold period expiring on September 5, 2016. Proceeds from the private placement will be used for general working capital purposes.

For further information, please contact:
Sokhie Puar, President & CEO
Candelaria Mining Corp.
Telephone: (604) 408-1990

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.

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