Golden Dawn Minerals Inc. (TSXV:GOM) announced a private placement up to 10,000,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 800,000 on December 12, 2019. Each unit will consist of one common share and one a common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.125 per share for a period of 18 months from the date of closing subject to accelerated expiry should the common shares trade on the TSX Venture Exchange at a price equal or greater than CAD 0.15 per share for a period of 10 consecutive trading days. All the securities issued in the transaction are subject to hold period of four months and one day from date of closing. The transaction is subject to approval of TSX Venture Exchange.