Golden Dawn Minerals Inc. Closes $105,000 Non-Brokered Private Placement



    
    TSX-V: GOM
    FRANKFURT EXCHANGE: 3G8
    

    VANCOUVER, Sept. 24 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the
"Company") is pleased to announce that further to its news release of
September 15, 2008, the Company has closed the first tranche of its
non-brokered private placement and has issued a total of 810,579 units (the
"Units") of the Company at a price of $0.13 per Unit.
    Each Unit consists 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.
    In connection with this closing, the Company will pay a fee equal to 1%
of the aggregate proceeds raised from the sale of the Units by the Company to
Aberdeen Gould Inc. pursuant to a Right of First Refusal agreement between the
Company and Aberdeen Gould Inc.
    All securities issued pursuant to this private placement are subject to a
Canadian hold period expiring January 24, 2009.

    
    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

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Golden Dawn Minerals Inc.

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