Golden Dawn Minerals Announces Closing of Final Tranche of Private Placement for $294,233.50
![Golden Dawn Minerals Announces Closing of Final Tranche of Private Placement for $294,233.50](https://www.minenportal.de/media/goldseiten-news.jpg)
Total commissions paid to eligible finders with respect to this financing consisted of $110,916.99, 203,841 common shares and 293,762 commission warrants paid to EMD Financial Inc., $2,280 and 8,000 commission warrants paid to Echelon Wealth Partners, $4,800 paid to 6132987 Canada Inc., $3,516.20 and 6,660 commission warrants paid to PI Financial Corp., $3,200 and 12,800 commission warrants paid to Canaccord Genuity Corp., $2,992.50 paid to Gravitas Securities Inc., $3,200 and 6,400 commission warrants paid to Leede Jones Gable Inc. The commission warrants are non-transferable, are for a period of two years and have an expiry date of September 29, 2019, the same terms as the balance of the warrants issued in the second tranche. All securities issued in connection with the financing are subject to a statutory hold period of 4 months and one day from issuance.
The funds will be utilized for continuation of the Company's development toward re-activating the Lexington mine, the Company’s processing plant, exploration on its GREENWOOD PRECIOUS METALS PROJECT, and for general working capital.
On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC.
“Wolf Wiese”
Wolf Wiese, Chief Executive Officer
For further information, please contact:
Corporate Communications
604-221-8936
allinfo@goldendawnminerals.com
Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Tel.: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.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.