Candorado Closes $100,000 Non-Brokered Private Placement

Candorado Operating Company Ltd. (TSX VENTURE:CDO)(FRANKFURT:HQU)(BERLIN:HQU) reported that the company has received TSX Venture Exchange final approval on February 16, 2010, for a non brokered private placement of 2,000,000 units at a price of $0.05 per unit for total proceeds of $100,000.

The press release is quoted as saying:

Candorado is pleased to announce completion of a comprehensive review of its mining tenures. Candorado will be advancing four key projects this year. The Man-Prime, Eldorado, Murphy Lake copper-gold alkalic porphyry targets in British Columbia and the Quebec lithium project are targets for the Company’s immediate focus.

Click here to access the entire press release

Click here to access Candorado Corporate Site

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