Golden Predator Closes $3 Million Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX: GPD

www.goldenpredator.com

VANCOUVER, Aug. 17 /CNW/ - Golden Predator Corp. (TSX:GPD) ("Golden Predator" or the "Company") announces that it has closed a non-brokered private placement of 6,184,000 units ("Units") at a price of $0.50 per Unit, for gross proceeds to the Company of $3,092,000. Each Unit consists of one common share of the Company ("Shares") and one half of one share purchase warrant ("Warrants"). Each full Warrant entitles the holder to purchase one additional Share at a price of $0.80 until August 16, 2011.

In connection with the private placement, William M. Sheriff, Chairman & Chief Executive Officer of the Company, participated in a "gypsy swap" transaction in which he sold 1,424,000 common shares in pre-arranged trades through the facilities of the Toronto Stock Exchange ("TSX"), and thereafter purchased 1,424,000 Units in the private placement. The 712,000 Warrants issued to Mr. Sheriff may not be exercised until approved by the shareholders of the Company, in accordance with the rules of the TSX.

The proceeds of the private placement will be used for general working capital purposes.

About Golden Predator Corp.

Golden Predator has combined an aggressive advanced project acquisition strategy with a strong technical team, dedicated and progressive First Nations relations, committed and active community involvement, and proven management in its quest to play a leading role in the exploration and development of the last frontier in North American gold exploration, the Yukon.

The Company has an extensive Yukon property position with an industry-leading seven advanced exploration gold projects comprising over 800 km(2). Drill programs have commenced on the Company's Clear Creek, Gold Dome, Brewery Creek, Eureka and Antimony projects and drilling is planned to commence in August 2010 at the Cynthia project.

Golden Predator benefits from its royalty stream, presently generating in excess of $1.0 MM annually. Golden Predator also continues to advance its significant US gold projects and is working to create Silver Predator Corp. to monetize its substantial Nevada-based silver assets.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Golden Predator's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Golden Predator assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE Americas Bullion Royalty Corp.

For further information: For further information: Golden Predator Corp., Investor Relations: (604) 648-GOLD (4653)

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Americas Bullion Royalty Corp.

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