VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 4, 2014) - Golden Dawn Minerals Inc. (TSX VENTURE:GOM)(FRANKFURT:3G8N) (the "Company" or "Golden Dawn"), announces that it has accepted the resignation of Mr. Percy Fahrbach as director of the Company effective immediately. Mr. Fahrbach advised the Company and the TSX-V that he had obtained an MBA degree from Hochshule fur Welthandel University ("WU"). It has now been brought to the Company's attention that while Mr. Fahrbach did attend WU, he did not, in fact, receive an MBA degree. Consequently, the Company retracts and has deleted all prior statements made by it relating to this incorrect information, including its news release of December 19, 2013 and on its website. The Company advises readers not to rely on such prior incorrect statements as they may continue to be found in the public domain.

On behalf of the Board of Directors:

GOLDEN DAWN MINERALS INC.

Wolf Wiese, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or to revise them to reflect the occurrence of future unanticipated events.