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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose945/13/2016 6:16:10 PM
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Golden Predator Mining (GPY-V) new 52 week high, 48 cents news from May 5th 2016

Golden Predator Mining is pleased to announce a private placement for an aggregate of $4,320,000 comprised of 27,000,000 units (the “Units”) at a price of $0.16 per Unit. Each Unit consists of one common share (the “Shares”) and one share purchase warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional Share at a price of $0.21 for a period of two years from the date of issue of the Warrants.

PowerOne Capital Markets Limited will act as the finder in connection with a portion of the private placement.

All securities issued will be subject to a four-month hold period. Closing of the private placement is subject to the approval of the TSX Venture Exchange.

Proceeds from the financing will be applied to the Company’s 3 Aces project and Brewery Creek project and general working capital. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities. The securities are subject to a four month Canadian hold period.



Golden Predator Mining Corp.

Golden Predator Mining Corp., a Canadian gold mineral exploration company, is focused on advancing the 3 Aces Project and Brewery Creek project in Canada’s North. The Company has undertaken a bulk sampling at the 3 Aces project, focused on high grade native gold bearing quartz veins, to define the distribution and grade of gold in the veins. The Company’s Brewery Creek Project is a past producing heap leach gold mine with a Preliminary Economic Assessment, next steps include advancing the project through feasibility and permitting.



For additional information:
Janet Lee-Sheriff
Chief Executive Officer

(214) 304-9552
info@goldenpredator.com
www.goldenpredator.com
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