DGAP-News
Golden Dawn Announces the Signing of a Letter of Intent for a Metal Purchase Agreement (MPA) with RIVI Capital for the Greenwood Project - Seite 2
and increase the per-ounce payment from US$400 to US$650.
RIVI shall have the right to nominate and maintain one board member to the
board of directors for the term of the MPA. Such director will not be
compensated by the Company. The board member must meet the TSX Venture
Exchange requirements and approval as well as the approval of the Company's
Board of Directors. The RIVI director will be instated upon the signing of
the Final Agreement.
In the event that RIVI terminates this LOI and RIVI fails to proceed on
terms substantially consistent with the signed LOI, then the Company shall
be deemed to have earned a Break-up Fee in the amount of US $50,000 which
shall be immediately due and payable.
In the event that the company does not enter into a final agreement and
substantially consistent with the signed LOI subsequently not accepted by
the company; RIVI shall have earned a break fee of US $100,000.
This transaction will close the earlier of 60 days, or in a maximum of 60
days from the execution of this LOI.
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.
Click on, or paste the following link into your web browser, to view
the associated documents
http://www.newsfilecorp.com/release/21729
News Source: Newsfile
---------------------------------------------------------------------------
21.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Golden Dawn Minerals Inc.
Canada
ISIN: CA3808956070
End of News DGAP News Service
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485007 21.07.2016
substantially consistent with the signed LOI subsequently not accepted by
the company; RIVI shall have earned a break fee of US $100,000.
This transaction will close the earlier of 60 days, or in a maximum of 60
days from the execution of this LOI.
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.
Click on, or paste the following link into your web browser, to view
the associated documents
http://www.newsfilecorp.com/release/21729
News Source: Newsfile
---------------------------------------------------------------------------
21.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Golden Dawn Minerals Inc.
Canada
ISIN: CA3808956070
End of News DGAP News Service
---------------------------------------------------------------------------
485007 21.07.2016
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