Golden Dawn Minerals announces a private placement offering & engages Contact Financial for marketing and investor communications



    
    TSX-V: GOM
    FRANKFURT EXCHANGE: 3G8
    

    VANCOUVER, April 28 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the
"Company") is pleased to announce a non-brokered private placement offering of
up to $1,245,000 through the sale of up to 4,300,000 flow-through units (the
"FT Units") of the Company at a price of $0.15 per FT Unit and up to 6,000,000
non-flow-through units (the "NFT Units") of the Company at a price of $0.10
per NFT Unit.
    Each FT Unit will consist of one flow-through common share and one-half
of one non-flow-through common share purchase warrant. Each whole warrant will
entitle the holder to purchase one additional non-flow-through common share of
the Company for $0.20 for the first year and $0.25 for the second year.
    Each NFT Unit will consist of one non-flow-through common share and one
non-flow-through common share purchase warrant. Each warrant will entitle the
holder to subscribe for one additional common share of the Company for $0.20
for the first year and $0.25 for the second year.
    A commission of up to 8% and brokers warrants up to 10% will be
applicable to this financing, finder's fees may also be applicable subject to
TSX-V parameters.
    Proceeds received from the sale of the FT Units will be used for work on
the Company's properties and proceeds received from the sale of the NFT Units
will be used for general working capital.
    The above transaction is subject to regulatory approval.
    Furthermore, the Company has engaged Contact Financial to assist in the
design and implementation of a comprehensive marketing and investor
communications program for Golden Dawn Minerals, subject to TSX-Venture
Exchange approval.
    Contact Financial is a Vancouver-based strategic marketing and
communication firm that will increase Golden Dawn's exposure to industry
stakeholders and investors. Contact Financial will be responsible for
providing advice to the Company with respect to corporate development,
producing and distributing effective marketing communication tools, and
increasing investor awareness.
    Under the renewable agreement, Contact Financial will receive a fee of
$20,000 for an initial term of 3 months and $6,000 per month, on a
month-to-month basis, following the initial 3 month term. Contact Financial
will further receive 200,000 incentive stock options good for two years from
date of signing to purchase common shares of the Company that will vest over a
period of 12 months. Contact Financial are at arm's length to Golden Dawn
Minerals.

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

    ---------------------------
    Freeman Smith
    President/CEO

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    





For further information:

For further information: GOLDEN DAWN MINERALS INC., 3929 WEST 30 AVENUE,
VANCOUVER, BC, V6S 1X2, Telephone: (604) 221-8936, Facsimile: (604) 221-8932

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Golden Dawn Minerals Inc.

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