Golden Dawn Minerals Inc. has retained the services of Zacks Investment Research for the distribution of a Zacks small-cap research report and other non-financial services.

In consideration of the services to be provided, the company has agreed to pay a service fee of $25,000 (U.S.) for a 12-month term to Zacks Investment Research.

Zacks Investment Research does not have any interest, directly or indirectly, in Golden Dawn or its securities, or any right or intent to acquire such an interest.

The company also announces that it has granted 3,275,000 stock options at an exercise price of 30 cents, effective today, to certain directors, consultants and employees of the company. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as director, officer, employee or consultant of the company.