Ms. Joanne Freeze reports

CANDENTE GOLD ANNOUNCES PROPOSED WARRANTS EXTENSION

Candente Gold Corp. has applied to the TSX Venture Exchange for approval to extend the exercise period of a total of five million outstanding share purchase warrants issued pursuant to the private placement completed on Aug. 12, 2016. The original expiry date was Aug. 12, 2018, and if the extension is approved, the new expiration date will be Aug. 12, 2020.

The exercise price of the warrants will remain unchanged at 10 cents with the acceleration clause unchanged as follows, "Each full warrant will be exercisable for one additional share of the company's common stock for two years at a conversion price of 10 cents, subject to an acceleration provision triggered if at any time the company's common shares have a closing price on the TSX Venture Exchange at or above a price of 20 cents per share for a period of 10 consecutive trading days."

The proposed warrant extension remains subject to the TSX-V approval.

About Candente Gold Corp.

Candente Gold's flagship asset is El Oro, a district-scale gold project encompassing a well-known and 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. 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 (reference Mexico Geological Service bulletin No. 37, Mining of the El Oro and Tlapujahua Districts, 1920, T. Flores).

Joanne C. Freeze, PGeo, director, president and chief executive officer, is the qualified person as defined by National Instrument 43-101 for the project discussed above. Ms. Freeze has reviewed and approved the contents of this release.

We seek Safe Harbor.