Golden Dawn Closes Private Placement

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Feb 19, 2022

VANCOUVER, BC / ACCESSWIRE / February 18, 2022 / Golden Dawn Minerals Inc., (TSXV:GOM, Financial)(FRANKFURT:3G8C)(OTC PINK:GDMRD), ("Golden Dawn" or the "Company"). The Company is pleased to announce that it has closed it's previously announced private placement of February 14, 2022. The non-brokered private placement consisted of 2,333,333 units at a price of $0.15 per unit for gross proceeds of $350,000. Each Unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 18 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.30 per share. All securities issued pursuant to the offering are subject to a statutory hold period ending June 19, 2022. No finders' fees were paid for this placement. The closing of the private placement financing is subject to final TSX-V approval.