Golden Dawn Minerals Inc. is pleased to announce that it has agreed to terms of a new debt reorganization agreement with its senior secured lender, RIVI Opportunity Fund. The Debt Reorganization Agreement provides the Company with renewed certainty regarding the management and repayment of its obligations to RIVI, presently composed of the following: US$4,000,000 principal advance for a purchased metal stream, bearing [...]
Golden Dawn Minerals Inc. provides an update on the impact of the heavy rains, flooding and mudslides recently experienced in BC on the Company's core assets. To date, the heavy rains and flooding in southwestern British Columbia have had no material impact on Golden Dawn's infrastructure and field operations. There was no significant rainfall in the area of the Greenwood Mill and tailings storage facility and the [...]
Golden Dawn Minerals Inc. is pleased to announce that it has closed the non-brokered private placement announced on November 8, 2021 by issuing 5,000,000 flow through shares at a price of $0.20 per share for gross proceeds of $1,000,000. Each flow-through unit will comprise of one common share and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at the price of [...]
Golden Dawn Minerals Inc. announces that it has now received the results of its airborne geophysical survey over it's Greenwood Precious Metals project in southeastern British Columbia. "The contractor, Geotech Ltd., reports that numerous geophysical anomalies have been identified across the survey area, including conductive zones that do not correlate with magnetic lineaments. These features indicate multiple high [...]
Golden Dawn Minerals Inc. Is pleased to announce the appointment of Mr. Beat Frei to the position Vice President of Finance and Business development. "As Golden Dawn works towards its future as a Junior Gold Producer in southern British Columbia, the appropriate restructuring of the Company has required a broad range of skill-sets to clear the waters towards a successful outcome. The team at Golden Dawn has developed a [...]
Golden Dawn Minerals Inc. announces that it is starting to mobilize crews and equipment for drilling the Lexington Property at the Greenwood Precious Metals project in southeastern BC. Photo of drilling equipment being mobilized. Golden Dawn is mobilizing crews and equipment to initiate diamond drilling at the Lexington property. Drilling is expected to commence within a few days. The first holes will be located close to [...]
Golden Dawn Minerals is pleased to announce that it has closed it's previously announced private placement of August 23. The non-brokered private placement consisted of 3,000,000 million units at a price of $0.15 per unit for gross proceeds of $450,000. Each Unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 18 [...]
Golden Dawn Minerals Inc. announces that it has received final approval for its drilling plan on the Lexington Property at the Greenwood Precious Metals project in southeastern BC. The drilling is anticipated to be executed in late October. "In addition to the existing mining permit for the defined resource at Lexington, this is a next step in expanding the resource and addressing the potential of the mineralised parallel [...]
Golden Dawn Minerals Inc. announces that it has received final approval for its drilling plan on the Phoenix Property at the Greenwood Precious Metals project in southeastern BC, which is anticipated to be executed in October. Photo showing Minnie Moore vein outcrop and previous assay results The Phoenix Multi-Year Area Based permit is for a total of 25 drill sites, with 12 sites approved for this year. Multiple holes can [...]
Golden Dawn Minerals Inc. announces that the board of directors of the Company has appointed WDM Chartered Professional Accountants Chartered Professional Accountants as the Company's new auditor, replacing Davidson and Company LLP, Chartered Professional Accountant. The Company has filed a Notice of Change of Auditor in respect of this change under its profile on SEDAR at www.sedar.com. On behalf of the Board of Golden[...]
Golden Dawn Minerals Inc. announces that drilling is now planned for this fall on the Lexington property at its Greenwood Precious Metals project in southeastern British Columbia. Drilling is expected to begin this fall at the Lexington property. A total of 25 drill sites are permitted, with 14 planned for this season. In addition, a ground IP geophysical survey with a total of 25 line-km is permitted. Lexington Mine The [...]
Golden Dawn Minerals Inc. announces that drilling will begin on the Golden Crown property at its Greenwood Precious Metals project in southeastern British Columbia early September or latest expectations September 15th 2021. Drilling is expected to begin early September at the Golden Crown property, after a delay due to the Company submitted a new Notice of Work to amend the existing permit for the use of existing [...]