Ms. Joanne Freeze reports

CANDENTE GOLD ANNOUNCES LIMA STOCK EXCHANGE LISTING

Candente Gold Corp.'s common shares have been listed for trading on the Bolsa de Valores de Lima. Trading will be conducted under the ticker symbol CDG. Kallpa Securities SAB is acting as Candente Gold's sponsoring broker and was instrumental in assisting Candente Gold to secure the necessary approvals from the BVL and the Comision Nacional Supervisora de Empresas y Valores.

The history of the BVL dates from Dec. 31, 1860, and today it is one of the most important markets in South America. A new initiative by the BVL to join markets with the stock exchanges of Chile and Colombia is expected to enter its first stage in 2011. This step is aimed to create the third largest stock exchange in Latin America with a combined capitalization of nearly $500-billion (U.S.), which will add excellent exposure to investors from many countries for companies listed on the BVL. Additional information about the BVL may be found in Spanish at the company's website.

"Peru ranks as one of the top 5 producers worldwide of gold, silver, copper and zinc, and Peruvians understand mining and know what it takes to be successful at it," remarked Joanne Freeze, president, chief executive officer and director of Candente Gold. "Candente Gold's sister company, Candente Copper obtained their listing on the BVL in 2007 and found it to be very strategic, with over 20 per cent of DNT shares now held by Peruvians."

Candente Gold hopes to replicate this success, by exposing the highly knowledgeable Peruvian mining investors to the immense potential of Candente Gold's Mexican and Peruvian properties. The company's most advanced project, El Oro, is a district scale gold project encompassing one of the largest and most prolific high-grade gold dominant epithermal vein systems in Mexico.

"We believe that Peruvian investors will welcome the opportunity to own our shares, and to participate in the future success of the gold market, Candente Gold, and the El Oro gold project, as well as our Peruvian projects," commented Andres Milla, director of Candente Gold.

Ms. Freeze, PGeo, president and chief executive officer, and Mark M. Pryor, PrSciNat, are the qualified persons as defined by National Instrument 43-101 for the projects discussed above and they have reviewed and approved the contents of this release.