Joanne C. Freeze, President and CEO of Candente Gold, Paul Barry and Dr. Kenneth Thomas, all directors of Candente Gold, subscribed for and were issued 2,000,000, 2,000,000 and 400,001 Shares respectively. The Company is relying upon exemptions from the valuation and minority shareholder approval requirements contained in sections 5.5 and 5.7 of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.