Candente Copper Provides Comment on Recent Market Activity

Candente Copper Corp. (TSX:DNT)(PINKSHEETS:CDOUF)(LMA:DNT) ("Candente Copper")
advises that the Company is unaware of any specific reason, other than general
market conditions, for the recent significant increase in volume and decline in
the Company's share price.


In particular, there have been no corporate developments or events to support
this unusual activity. The Feasibility Study on the Canariaco Norte copper
project and local community initiatives are continuing as per the Company's
planned programs for 2012.


About Candente Copper

Candente Copper's flagship project is the 100% owned, 7.5 billion pound,
Feasibility stage Canariaco Norte Copper Project located in northern Peru's
prolific mining district. The Canariaco Norte deposit contains a Measured and
Indicated resource of 752.4 million tonnes grading 0.49% copper equivalent(i),
and an Inferred Resource of 157.7 million tonnes at 0.44% copper equivalent(i).


Sean Waller, P.Eng., President and Joanne C. Freeze, P.Geo., CEO, are the
Qualified Persons as defined by National Instrument 43-101 for the projects
discussed above. They have reviewed and approved the contents of this release. 


(i) The 'Measured and Indicated Resource' listed above consists of Measured
Resources of 338.1Mt at 0.48% Cu, 0.08 g/t Au, and 2.0/t Ag (0.52% Cu Eq.), plus
Indicated Resources of 414.3Mt at 0.43% Cu, 0.06 g/t Au, and 1.8 g/t Ag (0.46%
Cu Eq.). All resources quoted in this release are based on a 0.30% copper
cut-off grade and 229 drill holes completed to March 2008. (i)Copper equivalent
grade including gold and silver, metal recoveries (gold 55%; silver 50%) and
smelter returns (copper 96.5%: gold 93%; silver 90%) applied. Copper grade
equivalent calculation: Cu Eq% =(Cu % + ((Au grade x Au price x Au recovery x Au
smelter return%)+(Ag grade x Ag price x Ag recovery x Ag smelter
return%))/(22.0462 x Cu price x 31.0135 g/t x Cu recovery x Cu smelter return%).
The metal prices used are: copper US$2.50/lb, gold US$1,035/oz and silver
US$17.25/oz.


This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. Candente relies upon litigation protection for forward-looking
statements.


CAUTIONARY NOTE TO U.S. INVESTORS

We advise U.S. investors that this news release uses terms that are not
recognized by the United States Securities and Exchange Commission ("SEC"),
including "mineral resources", "measured resources", "indicated resources" and
"inferred resources". The estimation of measured and indicated resources
involves greater uncertainty as to their existence and economic feasibility than
the estimation of proven and probable reserves. U.S. investors are cautioned not
to assume that mineral resources in these categories will be converted to
reserves. The estimation of inferred resources involves far greater uncertainty
as to their existence and economic viability than the estimation of other
categories of resources. U.S. investors are cautioned not to assume that
estimates of inferred mineral resources exist, are economically mineable, or
will be upgraded into measured or indicated mineral resources. U.S. investors
are cautioned not to assume that mineral resources in any of these categories
will be converted into reserves.


On behalf of the Board of Candente Copper Corp. 

Sean Waller, P.Eng., President & Director

NR-035