Golden Predator Mining Corp. Announces Proposed Marketed Financing

Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

VANCOUVER, British Columbia, April 21, 2020 (GLOBE NEWSWIRE) — Golden Predator Mining Corp. (TSXV:GPY) (“Golden Predator” or the “Company”) announces that it has filed a preliminary short form prospectus (the “Prospectus”) with respect to a marketed offering (the “Offering”) of 10,000,000 units (“Units”) at a price of C$0.25 per Unit (the “Issue Price”).  Each Unit consists of one Class A common share (a “Common Share”) of the Company and one-half of one Common Share purchase warrant, with each whole warrant (a “Warrant”) exercisable for one Common Share at an exercise price of C$0.35 for 36 months following the completion of the Offering.  Warrants are subject to acceleration of the expiry date to 30 calendar days upon notice provided to the warrant-holder by the Company in the event that the volume weighted average price of the Common Shares is equal to or higher than $0.75 for a period of 5 consecutive trading days on the TSX Venture Exchange or other Canadian stock exchange on which the Common Shares are principally traded. read more