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CDELF does not currently pay a dividend.
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Candelaria Mining Corp. specializes in the exploration and potential development of gold deposits, with operations spanning both Canada and Mexico. The company maintains full ownership of two key Mexican properties: the Caballo Blanco Project, an expansive site in Zacatecas comprising approximately 19,650 hectares across 14 contiguous mining claims; and the Pinos Project, located in Veracruz, which encompasses 29 mining concessions totaling around 3,816 hectares. Incorporated in 2012, Candelaria Mining Corp. was previously known as Branco Resources Ltd. and is headquartered in Vancouver, Canada.
Vancouver, B.C., October 10, 2025 – TheNewswire - Candelaria Mining Corp. (TSX-V: CAND.H, OTC PINK: CDELF) (“ Candelaria ” or the “ Company ”), is providing an update to its previously disclosed management cease trade order ("MCTO"), announced on August 29, 2025, in respect of the audited annual financial statements and corresponding management's discussion and analysis for the year ended April 30, 2025, including the CEO and CFO certifications (collectively, the "Annual Financial Filings") that were not filed by the required filing deadline of August 28, 2025 (the "Filing Deadline"). As previously disclosed, the Annual Financial Filings were not filed by the Filing Deadline due to the fact that the Company's auditors require additional time to complete their audit and as a result, challenges with updating the Company's accounts following the completion of the disposition of certain Mexican subsidiaries by the Company.
Vancouver, B.C., July 3, 2025 – TheNewswire - Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (“ Candelaria ” or the “ Company ”), is pleased to announce that it has fully resolved the enforcement proceedings with Goldgroup Mining Inc. (“ Goldgroup ”) pursuant to the previously announced agreement to suspend enforcement proceedings, dated March 6, 2025 (the “ Agreement ”) and entered into by the Company, Goldgroup and Minera Apolo, S.A. de C.V. (“ Apolo ”), a wholly-owned subsidiary of the Company which holds the Company's interests in the Pinos Project. The enforcement proceedings were related to the default under the medium-term loan facility (the “ Loan Facility ”) originally provided by Accendo Banco, S.A., Institución de Banca Múltiple, which was subsequently transferred to Goldgroup. Under the terms of the Agreement, Candelaria transferred all of the outstanding shares of Apolo (the “ Apolo Shares ”) to Goldgroup, resulting in a disposition of the Company's interests in the Pinos Project (the “ Transaction ”). The Transaction constituted full and final satisfaction of the Loan Facility, and all claims against Candelaria related to the Loan Facility have been released. As additional consideration, Goldgroup issued 716,667 shares to the Company and provided a cash payment of US$89,000. Goldgroup will provide another cash payment of US$89,000 to the Company within six months after receiving the TSX Venture Exchange's (the “ TSXV ”) final approval of the Transaction, being no later than January 7, 2026.
VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) announces, effective February 22, 2024, Mr. Hector Felex Gonzalez Ramirez has resigned from the position of Interim Chief Financial Officer and will remain as the Company's Chief Executive Officer. He will be replaced by Mr. Omar Garcia Abrego.
VANCOUVER, British Columbia, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) announces, effective January 1, 2024, Mr. Sam Wong has resigned from the position of Chief Financial Officer. Mr. Wong's replacement will be announced in due course.
Candelaria Mining Corp announced that it has received a drill permit for a focused infill program at its 100%-owned Pinos gold project in Mexico. This company said the initial Phase 1 drilling program will comprise about 7,000 metres (m), while the second phase will also include resource expansion drilling at its most advanced Preliminary Economic Assessment (PEA)-level La Paila project within the region.