Golden Dawn Announces the Closing of a $135,000 Private Placement

    
    TSX-V: GOM
    FRANKFURT EXCHANGE: 3G8
    

VANCOUVER, April 12 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the "Company") is pleased to announce that further to its news releases of February 26 and March 15, 2010, the Company has now completed a non-brokered private placement of $135,000 with a subscription of 2,700,000 units (the "Units") of the Company at a price of $0.05 per Unit. Each Unit comprises of one flow through common share and one flow through common share purchase warrant (the "warrant"). Each whole warrant will entitle the holder to subscribe for one additional common share of the Company for $0.12 within one year of the date of issuance or for $0.15 after one year and before five years of the date of issuance.

All of the shares, warrants and any shares issued upon exercise of the warrants comprising the units are subject to a hold period and may not be traded in British Columbia until August 10, 2010 except as permitted by the applicable Securities Acts and the Rules made thereunder and the TSX Venture Exchange.

The Company is pleased to announce that Ms. Josephine See, FCIS, has been appointed as Vice-President, Corporate Affairs and Secretary.

Ms. See is also the Vice President of Corporate Affairs and Treasurer & Corporate Secretary of Mineral Hill Industries Ltd., Nass Valley Gateway Ltd. and Hi Ho Silver Resources Inc. and is a seasoned corporate secretary of public companies in the shipping, manufacturing and mining industries. She was also a director of several private companies and non-profit societies.

    
    ON BEHALF OF THE BOARD OF DIRECTORS OF
    GOLDEN DAWN MINERALS INC.
    "Wolf Wiese"

    -----------------------
    Wolf Wiese
    President/CEO
    

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

For further information: GOLDEN DAWN MINERALS INC., 575 1111 WEST HASTINGS STREET, VANCOUVER, BC, V6E 2J3, Telephone: [phone], Facsimile: [phone]