Vancouver, British Columbia--(Newsfile Corp. - December 1, 2015) - Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSXV: GOM) (FSE: 3G8A) (the "Company" or Golden Dawn") announces that Andrea Yuan has been appointed CFO for the company, as of Dec. 1^st. 2015. Mrs. Rita Tung (CPA), former CFO of the company, has been appointed Controller for the company.

Ms. Andrea Yuan is a Chartered Professional Accountant (CPA)/Certified General Accountant (CGA) in British Columbia and a Certified Public Accountant (CPA) in New Hampshire.  Ms. Yuan obtained her Bachelor of Economics from Shanghai University of Finance and Economics in 1994.   Ms. Yuan started her career as an internal auditor and then as team head of the internal audit department at the Bank of China's Shanghai Pudong branch in China from 1994 through to 1999.  Ms. Yuan moved to Davidson and Company LLP, Chartered Accountants, in 2004 where she worked in the firm's audit group.  From November 2006 until 2009, Ms. Yuan was employed as an audit manager at Davidson. From 2009 until October 2011, Ms. Yuan was employed as an audit principal at Davidson. 

Currently, Ms. Yuan acts as Chief Financial Officer or financial consultant for several public companies listed on the TSX Venture Exchange, Canadian Securities Exchange and OTC Markets. Ms. Yuan is fluent in both English and Mandarin (oral and written).

The company appointed Andrew Brown as Corporate Secretary as of Nov. 1^st, 2015. Mr. Brown previously spent 4 years working in corporate finance and has over 6 years' experience working in the public markets. Mr. Brown has completed his CSC and is also fluent in Portuguese.

Further to these appointments to the management of the company, Wolf Wiese, CEO of the Company announces the closing of the first tranche of a private placement consisting of $235,000 in non flow-through shares and $200,000 in flow through shares at a price of $.10 per share, representing a total issuance of 4,350,000 million units. Each flow-through unit consists of 1 flow-through common share and one non flow-through common share purchase warrant exercisable at $.125 in the first year and $.15 in the second year. Each non flow-through unit consists of 1 common share and one common share purchase warrant exercisable at $.125 in the first year and $.15 in the second year.

The previously announced Private Placement has been amended as above. See New Release dated November 8^th, 2015

The private placement is subject to TSX approval.

On behalf of the Board of Directors:
GOLDEN DAWN MINERALS INC.

"Wolf Wiese"
Wolf Wiese
Chief Executive Officer

For further information, please contact:
Corporate Communications
604-221-8936
allinfo@goldendawnminerals.com

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.