VANCOUVER, Feb. 26 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the
"Company") is pleased to announce that further to its news release of February
17, 2009, the Company has now completed a non-brokered private placement of
$120,000 and accordingly has issued 1,000,000 units (the "Units") of the
Company at a price of $0.12 per Unit. The terms of the Units have been amended
such that each Unit is now comprised of one common share and one-half of one
share purchase warrant exercisable at $0.20 for two years from the date of
The Company paid a cash trailer fee of 1% ($1,200.00) in connection with
a ROFR agreement with Aberdeen Gould.
All of the securities issued pursuant to this private placement are
subject to a Canadian hold period expiring June 27, 2009.
About the Company
Golden Dawn Minerals Inc. is a junior exploration company with a
portfolio of properties prospective for precious and base metals with a focus
in Ontario's Kirkland Lake Region. Golden Dawn's strategy is to apply modern
technologies, advancing each property's potential with a longer range view of
marketing the property to major mining companies.
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDEN DAWN MINERALS INC.
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.
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