Dec 21 (Reuters) - Candelaria Mining Corp CAND.V :
* CANDELARIA MINING ANNOUNCES $4,200,000 PRIVATE PLACEMENT FINANCING
* CANDELARIA MINING CORP - INTENDS TO CONDUCT OFFERING OF UP TO 10.5 MILLION UNITS OF CO AT SUBSCRIPTION PRICE OF $0.40 PER UNIT
* CANDELARIA MINING CORP - INTENDS TO USE NET PROCEEDS OF PRIVATE PLACEMENT FOR EXPENDITURE RELATED TO CONSTRUCTION OF PINOS PROJECT
* CANDELARIA MINING-IS EXPLORING OTHER FINANCING ALTERNATIVES THAT MAY INCLUDE FURTHER EQUITY OR DEBT FINANCING TO FULLY FUND PINOS CAPITAL EXPENDITURE