Candente Gold Appoints Andres Milla to Board of Directors and Applies for Listing on the Lima Stock Exchange
Market Wire, June, 2010
Candente Gold Corp. (TSX: CDG) ("Candente Gold") is pleased to announce the appointment of Mr. Andres Juan Milla Comitre, M.A. Ec. as an Independent Director and has submitted an application for listing on the Lima Stock Exchange (Bolsa de Valores de Lima "BVL").
Mr. Milla has more than 15 years of experience in finance and capital markets in Peru through his tenure with First Capital Partners del Peru, Credibolsa SAB and Banco de Credito del Peru, the board of directors of the BVL and the Ministry of Economy and Finance of Peru.
Since late 2008 Mr. Milla has been Managing Partner of First Capital Partners of Peru, an institution specializing in investment banking in the Latin American region. With First Capital he has participated in some of the largest transactions of the Peruvian market in recent history, including advising Inkia Energy on a US$400 million financing of a combined cycle plant for its subsidiary Kallpa Generacion. This transaction was structured in three tranches - US$120 million equity privately placed, US$175 million in bonds, and US$105 million through a syndicated bank credit.
Between 2007 and 2008 Mr. Milla was General Manager and Chairman of Credibolsa SAB, the securities brokerage firm of Banco de Credito del Peru, and Director of the BVL where he championed the internationalization of the Peruvian stock market by opening alternative channels of negotiation and settlement, specifically with the Toronto and London public markets.
"We are very pleased to have Andres on our board of directors," said Joanne Freeze, President and CEO of Candente Gold "His knowledge of the Peruvian and International finance and capital markets will add considerable strength to the team. Andres was instrumental in listing Candente Resource Corp. (now Candente Copper Corp
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