{"id":388414,"date":"2020-11-25T08:03:21","date_gmt":"2020-11-25T13:03:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388414"},"modified":"2020-11-25T08:03:21","modified_gmt":"2020-11-25T13:03:21","slug":"candelaria-sold-0-5-net-smelter-royalty-to-empress","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/","title":{"rendered":"Candelaria Sold 0.5% Net Smelter Royalty to Empress"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">VANCOUVER, British Columbia, Nov.  25, 2020  (GLOBE NEWSWIRE) &#8212; Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the \u201c<strong>Company<\/strong>\u201d<strong>)<\/strong> is pleased to announce it has sold a 0.5% net smelter return royalty (\u201c<strong>NSR<\/strong>\u201d) on production from the Pinos Project to Empress Royalty Corp. (\u201c<strong>Empress<\/strong>\u201d) for US$750,000.<\/p>\n<p align=\"justify\">Empress also purchased an additional 0.5% NSR from a previous royalty holder on the Pinos Project, for a total of a 1.0% NSR on the Pinos Project.<\/p>\n<p align=\"justify\">The Pinos Project is subject to NSR royalties of 2.0% including the two NSR royalties held by Empress.<\/p>\n<p align=\"justify\">Mr. Ramon Perez, President of Candelaria, commented, \u201cWe welcome Empress as a stake-holder in our Pinos Project, as we continue to work towards development of our Pinos Project.\u201d<\/p>\n<p>\n        <strong>About Candelaria Mining<\/strong>\n      <\/p>\n<p align=\"justify\">Candelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the world\u2019s best mining jurisdictions. Candelaria currently owns 100% of Caballo Blanco Project and the Pinos Gold Project.<\/p>\n<p align=\"justify\">For more information on projects, please see the technical reports prepared pursuant to NI 43-101 which are available on the Company\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7DjB2nB1tTB2yEhgNaUZAzDBzsWN8l-4bDvyRWfoHWw7fqDMV41dVZ9kdnIhNMBIOFDbMMQjStDcwQiE-54RerjLC-Vahnfy67ib7Y8l-Mg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.candelariamining.com<\/a>.<\/p>\n<p>ON BEHALF OF THE BOARD,<\/p>\n<p>\n        <em>Ramon Perez<\/em><br \/>\n        <br \/>President<\/p>\n<p>\n        <strong>For further information, please contact:<\/strong>\n      <\/p>\n<p>Investor Relations<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Hab7UmN_WtRI-yeoE99i1AClJnK_JNBSKJGktHGxhZEI_z7Xivw4qKdYFOspzr2qHiViT-o3Z_jg6ICawi57FSPfXgEDc5F1JGOqRee0IL0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@candelariamining.com<\/a><br \/>Phone: 604-349-5992<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Cautionary Note Regarding Forward-looking Statements: <\/em><br \/>\n        <\/strong><br \/>\n        <em>This press release contains certain \u201cforward-looking statements\u201d and \u201cforward-looking information\u201d under applicable Canadian securities laws concerning the business, operations and financial performance and condition of Candelaria Mining Corp. (\u201cCandelaria\u201d or \u201cCandelaria Mining\u201d). Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to estimation of mineral resources at mineral projects of Candelaria; Forward-looking statements are based on the opinions and estimates as at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of Candelaria and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking <\/em><br \/>\n        <em>statements include variations in metal grades, changes in market conditions, variations in\u00a0 recovery rates, risks relating to international operations, fluctuating metal prices and currency exchange rates, changes in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labor disputes and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <em>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em>\n      <\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTg4MiMzODQzMDE3IzIwODE4OTU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b3830136-4470-482c-beab-143aee9d0617\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Nov. 25, 2020 (GLOBE NEWSWIRE) &#8212; Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the \u201cCompany\u201d) is pleased to announce it has sold a 0.5% net smelter return royalty (\u201cNSR\u201d) on production from the Pinos Project to Empress Royalty Corp. (\u201cEmpress\u201d) for US$750,000. Empress also purchased an additional 0.5% NSR from a previous royalty holder on the Pinos Project, for a total of a 1.0% NSR on the Pinos Project. The Pinos Project is subject to NSR royalties of 2.0% including the two NSR royalties held by Empress. Mr. Ramon Perez, President of Candelaria, commented, \u201cWe welcome Empress as a stake-holder in our Pinos Project, as we continue to work towards development of our Pinos Project.\u201d About Candelaria Mining &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Candelaria Sold 0.5% Net Smelter Royalty to Empress&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388414","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Candelaria Sold 0.5% Net Smelter Royalty to Empress - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Candelaria Sold 0.5% Net Smelter Royalty to Empress - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Nov. 25, 2020 (GLOBE NEWSWIRE) &#8212; Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the \u201cCompany\u201d) is pleased to announce it has sold a 0.5% net smelter return royalty (\u201cNSR\u201d) on production from the Pinos Project to Empress Royalty Corp. (\u201cEmpress\u201d) for US$750,000. Empress also purchased an additional 0.5% NSR from a previous royalty holder on the Pinos Project, for a total of a 1.0% NSR on the Pinos Project. The Pinos Project is subject to NSR royalties of 2.0% including the two NSR royalties held by Empress. Mr. Ramon Perez, President of Candelaria, commented, \u201cWe welcome Empress as a stake-holder in our Pinos Project, as we continue to work towards development of our Pinos Project.\u201d About Candelaria Mining &hellip; Continue reading &quot;Candelaria Sold 0.5% Net Smelter Royalty to Empress&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-25T13:03:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTg4MiMzODQzMDE3IzIwODE4OTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/candelaria-sold-0-5-net-smelter-royalty-to-empress\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/candelaria-sold-0-5-net-smelter-royalty-to-empress\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Candelaria Sold 0.5% Net Smelter Royalty to Empress\",\"datePublished\":\"2020-11-25T13:03:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/candelaria-sold-0-5-net-smelter-royalty-to-empress\\\/\"},\"wordCount\":461,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/candelaria-sold-0-5-net-smelter-royalty-to-empress\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MTg4MiMzODQzMDE3IzIwODE4OTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/candelaria-sold-0-5-net-smelter-royalty-to-empress\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/candelaria-sold-0-5-net-smelter-royalty-to-empress\\\/\",\"name\":\"Candelaria Sold 0.5% Net Smelter Royalty to Empress - 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(TSXV:CAND, OTC PINK:CDELF) (the \u201cCompany\u201d) is pleased to announce it has sold a 0.5% net smelter return royalty (\u201cNSR\u201d) on production from the Pinos Project to Empress Royalty Corp. (\u201cEmpress\u201d) for US$750,000. Empress also purchased an additional 0.5% NSR from a previous royalty holder on the Pinos Project, for a total of a 1.0% NSR on the Pinos Project. The Pinos Project is subject to NSR royalties of 2.0% including the two NSR royalties held by Empress. Mr. Ramon Perez, President of Candelaria, commented, \u201cWe welcome Empress as a stake-holder in our Pinos Project, as we continue to work towards development of our Pinos Project.\u201d About Candelaria Mining &hellip; Continue reading \"Candelaria Sold 0.5% Net Smelter Royalty to Empress\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-25T13:03:21+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTg4MiMzODQzMDE3IzIwODE4OTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Candelaria Sold 0.5% Net Smelter Royalty to Empress","datePublished":"2020-11-25T13:03:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/"},"wordCount":461,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTg4MiMzODQzMDE3IzIwODE4OTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/candelaria-sold-0-5-net-smelter-royalty-to-empress\/","name":"Candelaria Sold 0.5% Net Smelter Royalty to Empress - 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