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Please visit SEDAR for a complete list of all publicly filed documents for Candorado Operating Company Ltd.

 December 23, 2009
Candorado Grants Stock Options

 Candorado Operating Company Ltd. ("Candorado" or the "Company") (TSX VENTURE: "CDO" FRANKFURT/BERLIN: "HQU") advises that 2,000,000 stock options at a price of $0.10 per common share in accordance with the policies of the TSX Venture Exchange (the "Options"), have been granted to various Directors, Officers and Consultants of the Company.

The Options have been granted in accordance with the terms of the Company's 10% rolling Stock Option Plan approved on September 5, 2008.

About Candorado

Candorado is a B.C. based mineral exploration company with extensive mineral tenures in central, northern and southern British Columbia, and lithium properties in Quebec.

ON BEHALF OF THE BOARD OF DIRECTORS
OF CANDORADO OPERATING COMPANY LTD.


Kirk Reed, President and CEO

For Further Information Please Contact:
Candorado Operating Company Ltd.
Tel: (250) 979-2595
Fax: (250) 860-2957
www.candorado.com

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.
 
 

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