New Dawn Mining Corp. Completes Cdn$6 Million Initial Public Offering



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

    TORONTO, June 13 /CNW/ - New Dawn Mining Corp. ("New Dawn") (TSX:ND) is
pleased to announce the completion of an Initial Public Offering of 3,334,000
common shares (including 234,000 shares from the partial exercise of the
over-allotment option) at a price of Cdn$1.80 per share, for gross proceeds of
Cdn$6,001,200. New Dawn's common shares will trade on the Toronto Stock
Exchange under the symbol "ND". New Dawn filed a final prospectus dated May
29, 2008 in relation to the offering, a copy of which is available under New
Dawn's profile on the System for Electronic Data Analysis and Retrieval
(SEDAR) at www.sedar.com. MGI Securities Inc. acted as agent for the
prospectus offering.
    The net proceeds of the Offering will enable New Dawn to initiate its
Zimbabwe-focused growth strategy, by implementing the next phase of the
exploration program for the Angelus Mine in Zimbabwe and continuing with its
early stage exploration programs on three area plays in the Southeastern part
of Zimbabwe. New Dawn will also complete the development and implement
production at the Blue Dot Property in South Africa. These activities all
relate to underground gold mining. New Dawn's growth strategy also includes:
(i) putting in place an experienced African-based regional exploration team;
(ii) proceeding with an initial reconnaissance of opportunities being
presented; (iii) implementing efforts to acquire the rights to new projects;
and (iv) purchasing a drill rig to facilitate the completion of New Dawn's
early phase exploration programs.

    About New Dawn

    New Dawn is an exploration and mining development company focused on the
acquisition, exploration and development of precious metal projects, with a
particular focus on gold projects, in Zimbabwe and other areas in Southern
Africa. New Dawn is led by a proven management team with extensive exploration
and mine operating experience. New Dawn's strategy is focused on increasing
shareholder value through a continuing program of identification, acquisition,
development and operation of mining properties in the region. New Dawn
subscribes to a philosophy of operating in a safe, profitable, socially and
environmentally responsible manner.

    No securities regulatory authority has either approved or disapproved of
the contents of this news release. This news release does not constitute an
offer to sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities, in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of such jurisdiction. The securities 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 unless an exemption from such registration is available.

    
    This press release is not for dissemination in the United States or for
                   distribution to U.S. news wire services.
    




For further information:

For further information: Darryl Harding, Corporate Communications, (416)
585-7890, info@newdawnmining.com, www.newdawnmining.com

Organization Profile

New Dawn Mining Corp.

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