Golden Dawn Minerals Inc. Announces Private Placement

VANCOUVER, BC--(Marketwired - August 24, 2017) - Golden Dawn Minerals Inc., (TSX VENTURE: GOM) (FRANKFURT: 3G8A) (OTC PINK: GDMRF) (the "Company" or "Golden Dawn") announces that the Company intends to raise up to $500,000 through the issuance of up to 2,000,000 non-flow through units and $1,000,000 through the issuance of up to 3,508,771 flow-through units by way of a non-brokered private placement (the "Offering") of non-flow through units ("NFT Units") at a price of $0.25 per NFT Unit and flow through units ("FT Units") at a price of $0.285 per FT Unit. Each NFT Unit or FT Unit consists of one common share and one transferable common share purchase warrant exercisable at $0.30 for a period of 24 months. The Offering is subject to TSX Venture Exchange ("TSXV") acceptance.