CANDELARIA ANNOUNCES TERMINATION OF BROKERED PRIVATE PLACEMENT

Vancouver, B.C., June 16, 2021, Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) announces that the Company will not be proceeding with the proposed brokered private placement that the Company previously announced on April 14, 2021 and May 13, 2021. The Company is currently considering alternate forms of funding.

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