Candelaria Mining Corp. announced that it has closed its qualifying transaction with Minera Apolo, S.A. de C.V. (Apolo). As part of the Transaction, the company changed its name from Branco Resources Ltd. to Candelaria Mining Corp.

The Board of Directors of Candalaria is as follows: Sokhie Puar, Ramon Perez, Javier Reyes and Manuel Gomez. Sokhie Puar remains as President, Chief Executive Officer and Corporate Secretary. Ramon Perez has been appointed as Chief Financial Officer and Chief Operating Officer.

In addition, Hector Felix Gonzalez Ramirez has been appointed as VP of Exploration.