Golden Dawn Closes Flow-Through Private Placement Financing



    TSX-V: GOM

    VANCOUVER, Aug. 8 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the
"Company") is pleased to announce that further to its news release of July 10,
2008, the Company has now completed the flow-through portion of its
non-brokered private placement and accordingly has issued 812,500 flow-through
units (the "FT Units") of the Company at a price of $0.20 per FT Unit. Each FT
Unit is comprised of one flow through common share and one non-flow-through
warrant exercisable at $0.30 for two years from the date of issue, subject to
forced acceleration in the event the Company's shares trade at a price of
$0.65/share or higher for 20 consecutive trading days.
    The Company paid a cash finder's fee in the amount of $1,625.00 in
connection with this private placement.
    All of the securities issued pursuant to this private placement are
subject to a Canadian hold period expiring December 1, 2008.

    Golden Dawn Minerals Inc. is a junior exploration company with a
portfolio of properties prospective for precious and base metals located in
British Columbia's Toodogone Region and Ontario, Canada. Golden Dawn's
strategy is to apply modern technologies, advancing each property's potential
with a longer range view of marketing the property to major mining companies.

    ON BEHALF OF THE BOARD OF DIRECTORS OF
    GOLDEN DAWN MINERALS INC.


    -----------------------------
    Bill McWilliam
    President/CEO

    THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
    RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE NEITHER
    APPROVES NOR DISAPPROVES OF THIS PRESS RELEASE.





For further information:

For further information: Golden Dawn Minerals Inc., 3929 West 30th
Avenue, Vancouver, BC, Canada, V6S 1X2, P. (604) 221-8936, F. (604) 221-8932

Organization Profile

Golden Dawn Minerals Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890