Golden Predator Commences Trading on Toronto Stock Exchange

    
    TSX.V: GPD
    www.goldenpredator.com
    

VANCOUVER , Dec. 2 /CNW/ - Golden Predator Royalty & Development Corp. (TSX-V:GPD) (the "Company") is pleased to announce that the Company's Common Shares will commence trading on the Toronto Stock Exchange on December 3, 2009 , under the symbol "GPD". The Company's trading share purchase warrants will also commence trading under the symbols GPD.WT and GPD.WT.A.

The Toronto Stock Exchange is the largest stock exchange in Canada , the third largest in North America and the eight largest in the world by market capitalization.

About Golden Predator Royalty & Development Corp.

Golden Predator's corporate mandate is to establish a self-funded precious metals exploration company.

The Company is focused on exploring for and developing world class gold deposits in the Yukon's Tintina Gold Belt, where the Company is aggressively exploring its Gold (Scheelite) Dome, Antimony Mountain, Clear Creek and the Brewery Creek projects.

The Company is also drilling a number of its Nevada and California properties with bonanza-style gold targets, including Adelaide , Golden Ridge and Angel's Camp, to potentially provide near term production of small-tonnage high grade ores. The Company intends, through its strategic use of modular mills at its Taylor and Humboldt mill sites, to become a gold producer capable of funding its Yukon program. In addition, the Company currently receives in excess of $1.2 M per year from its royalty stream.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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.

For further information: Golden Predator Royalty & Development Corp., William Sheriff, Chairman & CEO, (604) 648-GOLD; John Legg, President, [phone]