Golden Dawn Announces increase to Private Placement announced February 26th,
2010

TSX-V: GOM

FRANKURT EXCHANGE: 3G8

VANCOUVER, March 15 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the "Company") Golden Dawn increases the Non Brokered Private offering announced on Feb. 26th, 2010, to up to 2,500,000 units at a price of $0.05 per unit. Each unit is comprised of one flow through common share and one half of one flow through share purchase warrant. Each whole warrant is exercisable at the price of $0.12 within the first year of date of issue and subsequently, at a price of $0.15 per share before the expiry of five years of date of issue. A finder's fee of 10% and broker Warrants of 10% of issue may apply in certain cases. This offering is subject to TSX approval.

    
    ON BEHALF OF THE BOARD OF DIRECTORS OF
    GOLDEN DAWN MINERALS INC.
    "Wolf Wiese"
    ------------------------------
    Wolf Wiese
    President/CEO
    

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS.NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED INTHE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

SOURCE Golden Dawn Minerals Inc.

For further information: For further information: GOLDEN DAWN MINERALS INC., 575 1111 WEST HASTINGS STREET, VANCOUVER, BC, V6E 2J3, Telephone: (604) 221-8936, Facsimile: (604) 685-2360

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Golden Dawn Minerals Inc.

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