VANCOUVER, BC--(Marketwired - August 24, 2017) - Golden Dawn Minerals Inc., (TSX VENTURE: GOM)
The securities issued in connection with the offering will be subject to a hold period expiring four months and one day from the date of issuance of such securities. A finder's fee of cash, common shares or broker warrants, or a combination thereof, may be paid to eligible finders with respect to any portion of the Offering.
The proceeds of the offering will be utilized for exploration, dewatering of the company's Lexington Mine and general working capital.
The Company also announces that it has retained Renmark Financial Communications Inc. to provide investor relations services for a fee of $5,000 per month for a period of six months beginning September 1, 2017, with an option to continue monthly thereafter. The Company has also entered into an investor relations agreement with Zimtu Capital Corp. for a fee of $12,500 per month for a period of twelve months beginning September 1, 2017. Renmark Financial Communications Inc. has no interest, directly or indirectly, in Golden Dawn or its securities, or any right or intent to acquire such an interest. Zimtu Capital Corp. currently holds 392,941 common shares of the Company and may acquire further securities.