Golden Dawn Closes $1,000,000 Private Placement

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Nov 19, 2021

VANCOUVER, BC / ACCESSWIRE / November 19, 2021 / Golden Dawn Minerals Inc., (TSXV:GOM, Financial)(FRA:3G8C, Financial)(OTC PINK:GDMRD), ("Golden Dawn" or the "Company"), is pleased to announce that it has closed the non-brokered private placement announced on November 8, 2021 by issuing 5,000,000 flow through shares at a price of $0.20 per share for gross proceeds of $1,000,000. Each flow-through unit will comprise of one common share (which is a flow-through share for Canadian income tax purposes) and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at the price of $0.30 for 24 months after closing. The net proceeds from the offering will be used by the Company for continued exploration on its Greenwood precious metals projects in southeastern British Columbia.