Candente Copper Announces Conditional Approval for TSX Listing of Cobriza Metals Corp.

Candente Copper Corp. (TSX:DNT)(PINK SHEETS:CDOUF)(BVLAC:DNT) ("Candente Copper"
or the "Company") is pleased to announce that it has received conditional
approval for the listing of the common shares of Cobriza Metals Corp.
("Cobriza") on the Toronto Stock Exchange ("TSX") and it anticipates that,
subject to the fulfilment of conditions set forth in the TSX's conditional
approval letter, the common shares of Cobriza ("Cobriza Shares") will commence
trading on the TSX on or about the opening of trading on October 12, 2011.


On August 25, 2011, Candente Copper obtained the approval of the Supreme Court
of British Columbia for the proposed spin-out of all claims held in Peru apart
from the Canariaco Property, as well as $6,000,000, into Cobriza by way of a
plan of arrangement (the "Arrangement") (see Candente Copper NR 026 August 24,
2011 for details). 


Candente Copper shares ("Old Candente Copper Shares") are expected to trade
until the close of trading on October 11, 2011. At the commencement of trading
on October 12, 2011, it is anticipated that new Candente Copper Shares ("New
Candente Copper Shares") will trade under the symbol 'DNT' in substitution for
the Old Candente Copper shares, and the Cobriza Shares will commence trading
under the symbol 'CZA'. 


Purchasers and holders of Old Candente Copper Shares will be entitled to 1 New
Candente Copper Share and 1/5 of a Cobriza Share for each Old Candente Copper
Share upon remitting a properly completed Letter of Transmittal and certificates
representing their Old Candente Copper Shares to the Depositary at the address
specified in the Letter of Transmittal. The Letter of Transmittal will be mailed
to all shareholders - either directly or via their broker if their shares are
held indirectly - and will also be available under the Company's profile on
SEDAR at www.sedar.com or by contacting the Company directly. 


An update will be provided as soon as the Arrangement becomes effective.

About Candente Copper

Candente Copper Corp. is a TSX and BVL listed mining company focused on
exploration and development of base metal mining projects in Peru and Latin
America. Candente Copper's flagship project is the 100% owned Canariaco Norte
copper project located in the prolific mining region of northern Peru.


Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking
information (collectively, "forward-looking statements") within the meaning of
applicable Canadian and US securities legislation. All statements, other than
statements of historical fact, included herein including, without limitation,
statements regarding the Arrangement, timing certain steps to be taken with
respect to the Arrangement, the expected completion of the Arrangement and the
anticipated timing of listing of the New Candente Copper Shares and the Cobriza
Shares on the TSX. Although the Company believes that such statements are
reasonable, it can give no assurance that such expectations will prove to be
correct. Forward-looking statements are typically identified by words such as:
believe, expect, anticipate, intend, estimate, postulate and similar
expressions, or are those, which, by their nature, refer to future events. The
Company cautions investors that any forward-looking statements by the Company
are not guarantees of future results, performance, or actions and that actual
results and actions may differ materially from those in forward-looking
statements as a result of various factors, including, but not limited to, those
risks and uncertainties disclosed in the Company's Information Circular with
respect to the Company's Annual general and Special Meeting held August 23, 2011
filed with certain securities commissions in Canada and other information
released by the Company and filed with the appropriate regulatory agencies. All
of the Company's Canadian public disclosure filings may be accessed via
www.sedar.com and readers are urged to review these materials, including the
technical reports filed with respect to the Company's mineral properties.


On behalf of the Board of Candente Copper Corp. 

Joanne C. Freeze P.Geo., CEO & Director

NR-028