Mr. Wolf Wiese reports

GOLDEN DAWN ANNOUNCES CLOSING OF FINAL TRANCHE OF COMPANY'S PRIVATE PLACEMENT FOR $179,200

Golden Dawn Minerals Inc. has closed the final tranche of a previously announced non-brokered private placement financing totalling 2,736,012 non-flow-through units at 32 cents per NFT unit with a full warrant exercisable for two years, for total proceeds of $875,524 in both tranches. The final tranche includes 500,000 units subscribed for by company chief executive officer Wolf Wiese. The NFT warrants can be exercised at 40 cents per share in the first year and 45 cents in the second year. This transaction is subject to TSX Venture Exchange approval.

The funds will be utilized for continuation of the company's surface and underground drilling program on the Greenwood precious-metal project, and for general working capital.

We seek Safe Harbor.