Golden Predator Royalty & Development Corp. Closes $6 Million Financing of
Flow-Through Common Shares



VANCOUVER, April 22 /CNW/ - Golden Predator Royalty & Development Corp. (TSX:GPD) ("Golden Predator" or the "Company") is pleased to announce that it has closed a brokered private placement with a syndicate of agents led by Canaccord Financial Ltd. and including PI Financial Corp. (collectively, the "Agents"), previously announced on April 5, 2010.

A total of 10,050,000 flow-through common shares of the Company (the "Flow-Through Shares") were sold at a price of C$0.60 to raise gross proceeds of C$6,030,000.

The Agents received a cash commission on the sale of the Flow-Through Shares representing 7% of the gross proceeds raised, and 703,500 broker warrants ("Broker Warrants"). Each Broker Warrant is exercisable for one common share of the Company at a price of C$0.60 any time until 24 months after the closing. In addition, Canaccord Financial Ltd. received a corporate finance fee of 50,000 shares.

The Company intends to use the net proceeds of the offering to conduct exploration on the Company's Gold Dome, Brewery Creek, Clear Creek, Antimony and Eureka projects located in the Yukon's Tintina Gold Belt.

    About Golden Predator Royalty & Development Corp.

Golden Predator's corporate mandate is to establish a self-funded gold company focused on the Yukon, Canada.

Golden Predator has established an industry leading gold property position in the Yukon and is aggressively exploring its Gold (Scheelite) Dome, Eureka, Antimony Mountain, Clear Creek and Brewery Creek projects with drilling planned on all 5 projects during 2010.

Golden Predator is advancing its Adelaide project in Nevada with underground drilling and bulk sampling planned. Further drilling is planned at Golden Ridge and Lantern to potentially provide near term production of small-tonnage high grade ores. Golden Predator 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, Golden Predator currently receives in excess of $1.0 M per year from its royalty stream.

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.

SOURCE Americas Bullion Royalty Corp.

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

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Americas Bullion Royalty Corp.

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