Golden Dawn Discloses Lawsuit Between Armex Mining Corp. and Huakan International Mining Inc.

VANCOUVER, British Columbia, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Golden Dawn Minerals Inc., (TSX-V:GOM) (FRANKFURT:3G8A) (OTC:GDMRF) (the “Company” or “Golden Dawn”) provides disclosure of lawsuit between Armex Mining Corp. and Huakan International Mining Inc.

On December 18, 2017, the Company announced that it had entered into an option agreement with Huakan International Mining Inc. (“Huakan”) pursuant to which the Company was granted options to acquire up to 100% of Huakan’s J&L property located in the Revelstoke area of British Columbia. The Company has learned that Huakan is being sued by Armex Mining Corp. (“Armex”). Armex filed a statement of claim with the British Columbia Supreme Court (Vancouver Registry) on January 17, 2018. Armex claims that it has a valid letter of intent with Huakan covering Huakan’s J&L property. Huakan has notified the Company that it intends to defend the Armex action.

On behalf of the Board of Directors:
Golden Dawn Minerals Inc.

Wolf Wiese, President & Chief Executive Officer

For further information, please contact:
Corporate Communications
604-221-8936
allinfo@goldendawnminerals.com
www.goldendawnminerals.com

This press release was prepared by management who takes full responsibility for its contents. Neither the 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.