TSX-V: GOM
FRANKFURT EXCHANGE: 3G8

VANCOUVER, Sept. 15 /CNW/ - Golden Dawn Minerals Inc. (TSX-V: GOM) (the "Company") is pleased to announce a non-brokered private placement of up to $150,000 through the sale of up to 1,153,846 units (the "Units") of the Company at a price of $0.13 per Unit.

Each Unit will consist of one common share and one purchase warrant, with each warrant entitling the holder thereof to purchase an additional common share of the Company at a price of $0.20 per share for a period of two years from the date of closing.

Proceeds received from the sale of the Units will be used for general working capital.

A fee equal to 1% the aggregate proceeds raised from the sale of the Units by the Company will be paid to Aberdeen Gould Inc. pursuant to a Right of First Refusal agreement between Golden Dawn Minerals Inc. and Aberdeen Gould Inc.

The above financing is subject to regulatory approval.

ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDEN DAWN MINERALS INC.

"Bill McWilliam"

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Bill McWilliam
President/CEO

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE NEITHER
APPROVES NOR DISAPPROVES OF THIS PRESS 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.