Vancouver, BC / ACCESSWIRE / January 9, 2015 / Golden Dawn Minerals Inc. (TSX-V: GOM; FRANKFURT: 3G8N) (the “Company” or “Golden Dawn”) announces that further to its news release of December 30, 2014, it has closed a final tranche of its non-brokered private placement financing pursuant to which Golden Dawn received an additional $10,000 and issued an additional 400,000 units (for total proceeds of $75,250 pursuant to which it issued a total of 3,010,000 units). Each unit is comprised of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one additional common share for a period of 2 years at a price of $0.05/share during the first year and $0.10/share during the second year.
Total finder’s fees paid to eligible finders with respect to this financing consisted of $500 cash and 20,000 finder’s warrants.The finder’s warrants are non-transferable and exercisable for a period of 2 years at a price of $0.05/share during the first year and $0.10/share during the second year.
All securities issued with respect to the final tranche closing are subject to a statutory and TSXV-imposed hold period expiring on May 9, 2015.
On behalf of the Board of Directors:
GOLDEN DAWN MINERALS INC.
Chief Executive Officer
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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.