Golden Dawn Minerals Inc. - Private Placement of $ 113,470
05.06.2013 | The Newswire
Vancouver, June 4, 2013 - Golden Dawn Minerals Inc. (TSX-V: GOM; FRANKFURT: 3G8N) (the "Company" or "Golden Dawn") announces a non-broker private placement subscription of 5,673,500 units at a price of $0.02 per unit for aggregate gross proceeds of $113,470. Each unit comprises one common share and one transferrable purchase warrant which entitles the holders to acquire one additional common share for a period of two years at a price of $0.05 before the anniversary date of the issuance or $0.10 thereafter. Closing of the financing is subject to the final approval of TSX Venture Exchange. All of the shares, warrants and any shares issued upon exercise of the warrants comprising the units will be subject to a hold period and may not be traded until four months and one day from the date of the final approval of the Exchange except as permitted by the applicable Securities Acts and the Rules made there under and the TSX Venture Exchange. Wolf Wiese, CEO of the Company, has subscribed for 2,500,000 shares in the amount of $50,000.
Completion of the offering is subject to TSXV approval. Approval of the private placement is being sought pursuant to the TSXV's Notice to Issuers dated April 12, 2013, regarding Private Placements - Extension and Modification of Temporary Relief from Certain Pricing Requirements.
On behalf of the Board of Directors: Golden Dawn Minerals Inc.
"Wolf Wiese"
Wolf Wiese, President/ Chief Executive Officer
For further information, please contact:
Golden Dawn Minerals Inc.
Clodagh O'Rafferty/ Investor Relations
604-569-8880
clodagh@goldendawnminerals.com
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.