Golden Dawn Minerals Inc. Announces Non-Brokered Private Placement



    
    TSX-V: GOM
    FRANKFURT EXCHANGE: 3G8
    

    VANCOUVER, Sept. 15 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the
"Company") is pleased to announce a non-brokered private placement of up to
$150,000 through the sale of up to 1,153,846 units (the "Units") of the
Company at a price of $0.13 per Unit.
    Each Unit will consist of one common share and one purchase warrant, with
each warrant entitling the holder thereof to purchase an additional common
share of the Company at a price of $0.20 per share for a period of two years
from the date of closing.
    Proceeds received from the sale of the Units will be used for general
working capital.
    A fee equal to 1% the aggregate proceeds raised from the sale of the
Units by the Company will be paid to Aberdeen Gould Inc. pursuant to a Right
of First Refusal agreement between Golden Dawn Minerals Inc. and Aberdeen
Gould Inc.

    The above financing is subject to regulatory approval.

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

    "Bill McWilliam"

    -------------------------
    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.
    

    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.





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

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