Golden Dawn Corporate Update

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Jun 11, 2022

VANCOUVER, BC / ACCESSWIRE / June 10, 2022 / Golden Dawn Minerals Inc., (TSXV:GOM, Financial)(FRANKFURT:3G8C)(OTC PINK:GDMRF), ("Golden Dawn" or the "Company"), The Company is pleased to announce that it will be closing a financing for gross proceeds of $232,500. The non-brokered private placement consisted of 3,100,000 units at a price of $0.075 per unit. 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 36 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.10 per share. The hold expiry date for the placement is October 11, 2022. No finders' fees were paid for this placement. The net proceeds from the Offering will be used by the Company for continued exploration and maintenance of its Lexington project and other BC mineral exploration projects, as well as for general working capital purposes.