The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 15, 2016, and Sept. 26, 2016.
Number of shares: 2,736,012 shares
Purchase price: 32 cents per share
Warrants: 2,736,012 share purchase warrants to purchase 2,736,012 shares
Warrant initial exercise price: 40 cents
Warrant term to expiry: two years
Number of placees: 28 placees
Insiders: Mathew Ball, 125,000; Quorum Capital Corp. (Wolf Wiese), 500,000
Total pro group involvement: 50,000 (one placee)
Finder’s fee: Canaccord Genuity Corp., $16,512 cash and 64,500 warrants
Finder’s warrant initial exercise price: 40 cents
Finder’s warrant term to expiry: valid for two years; can be exercised at 40 cents in first year and at 45 cents in second year
Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
On behalf of the Board of Directors:
GOLDEN DAWN MINERALS INC.
Chief Executive Officer
THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY’S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.