Candente Copper Corp. (TSX:DNT) announced a non-brokered private placement of 6,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 300,000 on January 15, 2019. The transaction will include participation from Joanne Freeze, Chief Executive Officer of the company and a director of the company for less than 25% of company's total shares outstanding, and accredited investors and existing shareholders of the company. Each unit will consist of one common share of the company and one-half of a share purchase warrant. Each full warrant will be exercisable for one additional common share of the company for two years at an exercise price of CAD 0.09 per warrant share, subject to accelerated expiry should the common shares trade on the TSX Venture Exchange at CAD 0.18 or higher for 10 consecutive trading days, the company shall have the right to accelerate the expiry date of the warrants to the date that is 40 days after the company has elected to exercise the acceleration right. The unit shares and the warrant shares will be subject to a 4 months hold period commencing the day of closing of the private placement. The transaction is subject to regulatory approval.