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Golden Predator Completes $1.7 Million Private Placement
Vancouver, British Columbia, September 23rd, 2020: Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) is pleased to announce that it has completed its previously announced private placement for 4,250,000 flow-through shares at a price of $0.40 per share for gross proceeds of $1,700,000.
The Company engaged Clarus Securities Inc. and PowerOne Capital Markets Limited as financial advisors in connection with the offering. The Company paid finder’s fees of $109,900 on a portion of the offering. The proceeds of the private placement will be applied to the Company’s Brewery Creek Project. The securities issued under the private placement are subject to a statutory hold period expiring on January 24, 2021.
Golden Predator Mining Corp.
Golden Predator is advancing the past-producing Brewery Creek Mine towards a timely resumption of mining activities, under its Quartz Mining and Water Licenses, in Canada’s Yukon. With established resources grading over 1.0 g/t Gold the Company is completing a Bankable Feasibility Study for the restart of heap leach operations. The Brewery Creek Mine project operates with a Socio Economic Accord with the Tr’ondëk Hwëch’in First Nation.
For additional information:
Janet Lee-Sheriff
Chief Executive Officer
(604) 260-8435
info@goldenpredator.com
www.goldenpredator.com
The securities referenced in this news release have not and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
