Golden Dawn Appoints Stephen Leahy as Director and Dr. Mathew Ball as Chief Operating Officer

Vancouver, British Columbia–(Newsfile Corp. – February 29, 2016) – Golden Dawn Minerals Inc., (TSXV: GOM) (FSE: 3G8A) (the “Company” or “Golden Dawn”) announces the appointment of Mr. Stephen Leahy as Independent Director, and Dr. Mathew Ball as Chief Operating Officer. These appointments bolster the corporation’s Management Team in anticipation of moving forward with bulk sampling on the May-Mac Mine and its multidisciplinary due diligence on the potential acquisition of the Huakan Assets in Greenwood B.C. as recently announced (see news release dated February 25th 2016).

Mr. Leahy has been involved in the resource sector since 1982. He was the founder of North American Tungsten Corporation and its Chairman and CEO from 1993 to 2013. With 250 employees and CDN $100 Million in revenue, North American Tungsten produced annually some 4% of the world’s primary tungsten concentrate from its underground mine operations. From 2011-2013 Mr. Leahy was president of International Tungsten Industry Association based in London and was a member of the ITIA Executive Committee for eight years. He has been a member of ITIA itself since 1993. He was also a Director of the Mining Association of Canada from 2011-2013 and a founding member of the Yukon Mine Training Association. He is a Member of the PDAC and of AME. In addition, Mr. Leahy serves as a Director for four other junior mining companies.

Dr. Ball, P.Geo. is a mining geologist with over 30 years of worldwide experience in underground precious metals mine development and exploration. Before joining Golden Dawn he was President and COO at the Bralorne underground gold mine in B.C. when it was re-opened and produced gold. Dr. Ball also has record of exploration discoveries and brings a wealth of knowledge of lode and epithermal gold-silver, porphyry copper-gold and related skarn deposits, all of which occur in the Greenwood area. He is a member of the Society of Economic Geologists and Association of Mineral Exploration in BC.

Golden Dawn is exploring for precious metals in the Greenwood Mining Division, South Central British Columbia, 500 km east of Vancouver, Canada. The Company conducted surface diamond drilling on its May Mac mine in 2015 and will continue with surface and underground drilling in 2016 to test the Skomac vein system and other veins in three historical mine adits situated within a kilometer of the May Mac mine. Surface drilling to commence on the Greenwood Precious Metal Project (May-Mac Mine) will begin this week. All equipment is on site. Underground exploration to commence as soon as possible, subject to blasting permits being issued.

Most recently the Company announced a n option to acquire the Greenwood Gold Project from Huakan International Mining Inc., which includes a 200 t/d process plant built in 2008, all mining equipment and two gold-copper underground mine development projects, located 10 km east of the May Mac mine. (See News Release Feb. 25th.2016)

On behalf of the Board of Directors:
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.

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Centurion Closes $270,000 First Tranche of Private Placement

Vancouver, British Columbia–(Newsfile Corp. – February 29, 2016) – Centurion Minerals Ltd. (TSXV: CTN) (“Centurion”, or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement and issued 2,700,000 Units priced at $0.10 for total gross proceeds of $270,000. Each Unit consists of one common share and one 2 year common share purchase warrant. Each warrant will be exercisable for one common share at $0.15 for the first year and at $0.20 for the second year following the closing. The shares will be subject to a 4 month hold period expiring in June 2016. Proceeds from this financing shall be used to commence a drilling and exploration program on its Argentinean agricultural gypsum project and for general corporate purposes.

ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian-based company with an international focus on the exploration and development of gold and agri-mineral projects.

On Behalf of the Board,

“David G. Tafel”
President and CEO

For Further Information:
David Tafel
Director
604-683-1991

Neither the 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 news release may contain forward looking statements concerning future operations of Centurion Minerals Ltd. (the “Company”). All forward looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.

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Canyon Options 100% Interest in Moonlight Property to Crown Mining Corp.

Vancouver, British Columbia–(Newsfile Corp. – February 29, 2016) – Canyon Copper Corp. (TSXV: CNC) (“Canyon”) is pleased to announce that it has signed an option agreement with Crown Mining Corp. (“Crown”) whereby Canyon has optioned a 100% interest in the Moonlight Property to Crown (the “Transaction”).

Under the terms of the option agreement, Crown may acquire a 100% interest in the Moonlight Property by paying Canyon a total of CAD $375,000 and issuing a total of 3,750,000 common shares of Crown by the third anniversary of TSX Venture Exchange approval of the option agreement.

During the term of the option, Crown will also be responsible for all BLM filing fees for the claims that comprise the Moonlight Property.

The closing of the Transaction will be subject to customary conditions as well as (A) the existing advanced royalty holders (the “Advanced Royalty Holders”) approving the: (i) elimination of the advanced royalty payments, (ii) an increase in each of the Advance Royalty Holder’s net smelter returns from 1.0% to 1.25%, and (iii) the issuance of 300,000 common shares of Crown to each of the Advance Royalty Holders, and (B) acceptance by the TSX Venture Exchange of the option agreement and the transactions contemplated therein.

On behalf of the Board of Directors,

Benjamin Ainsworth

CANYON COPPER CORP.
Benjamin Ainsworth, President

Contact:
Canyon Copper Corp.
Investor Relations
(604) 331-9326
(604) 684-9365 (FAX)
info@canyoncc.com

Cautionary Statement Regarding Forward Looking Information

This News Release may contain, in addition to historical information, forward-looking statements. These forward-looking statements are identified by their use of terms and phases such as “believe,” “expect,” “plan,” “anticipate” and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Canyon‘s expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, limited operating history, proposed exploration and/or drill programs and other factors which may cause the actual results, performance or achievements of Canyon to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

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.

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IIROC Trade Resumption – Spriza Media Inc.

Vancouver, British Columbia–(Newsfile Corp. – February 29, 2016) – Trading resumes in:

Company:

Spriza Media Inc. [formerly Iron Tank Resources Corp.]

TSX-V Symbol:

SPZ [formerly TNK]

Resumption Time (ET):

08:00 March 1, 2016

 

 

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

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For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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IIROC Trade Resumption – Gold Reserve Inc.

Vancouver, British Columbia–(Newsfile Corp. – February 29, 2016) – Trading resumes in:

Company:

Gold Reserve Inc.

TSX-V Symbol:

GRZ

Resumption Time (ET):

08:00 March 1, 2016

 

 

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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Crown Mining Options 100% Interest in Moonlight Property from Canyon Copper

Toronto, Ontario–(Newsfile Corp. – February 29, 2016) – Crown Mining Corporation, (TSXV: CWM) (“Crown” or the “Company“) is pleased to announce that it has signed an option agreement with Canyon Copper Corp. (“Canyon”) whereby Canyon has optioned a 100% interest in the Moonlight Property to Crown (the “Transaction”).

Under the terms of the option agreement, Crown may acquire a 100% interest in the Moonlight Property by paying Canyon a total of CAD $375,000 and issuing a total of 3,750,000 common shares of Crown by the third anniversary of TSX Venture Exchange approval of the option agreement.

During the term of the option, Crown will also be responsible for all BLM filing fees for the claims that comprise the Moonlight Property.

The closing of the Transaction will be subject to customary conditions as well as (A) the existing advanced royalty holders (the “Advanced Royalty Holders”) approving the: (i) elimination of the advanced royalty payments, (ii) an increase in each of the Advance Royalty Holder’s net smelter returns from 1.0% to 1.25%, and (iii) the issuance of 300,000 common shares of Crown to each of the Advance Royalty Holders, and (B) acceptance by the TSX Venture Exchange of the option agreement and the transactions contemplated therein.

“Consolidating the Lights Creek Copper District with its 2 billion pound copper resource opens the door to more opportunities for Crown” said Stephen Dunn, CEO of Crown Mining. “Moonlight gives us the scale to begin development studies within our project, and adds a number of new exploration areas that have the potential to vastly increase the size of our total property resource.”

About the Moonlight Property

The Moonlight property is adjacent to Crown’s Superior project in California, and it hosts a current National Instrument 43-101 (“NI 43-101”) compliant indicated resource of approximately 161 million tons (146.5 million tonnes) averaging 0.324% copper, 0.003 ounces of gold and 0.112 ounces of silver per ton, and an inferred resource of 88 million tons (80 million tonnes) averaging 0.282% copper per ton. Further details of this resource can be found in the Technical Report on the Moonlight Copper Property dated April 12, 2007 at Sedar.com.

About Crown

Crown is focused on advancing its 100% controlled Superior Copper Project in Northeast California. The Superior Project has an inferred mineral resource of 57 million metric tonnes at an average grade of 0.43% with 547 million pounds of contained copper in 2 deposits. These two deposits produced 160 million pounds of copper and 1.9 million ounces of silver recovered from 4.7 million tons of ore from 1914 to 1930. Further details of this resource can be found in the Technical Report on the Superior Project dated November 7, 2014 at Sedar.com.

Mr. George Cole is the Qualified Person pursuant to NI 43-101 responsible for the technical information contained in this news release, and he has reviewed and approved this news release.

For more information please see the Crown website at http://ift.tt/NtpILg.

For Further Information Contact:
Mr. Stephen Dunn, President, CEO and Director, Crown Mining Corporation (416) 361-2827 or email info@crowngoldcorp.com.

Crown will also be at PDAC this year….booth 2525.

Neither the 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 press release.

This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect the current beliefs and expectations of management and are identified by the use of words including “will”, “anticipates”, “expected to”, “plans”, “planned” and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward-looking statements is subject to a number of risks, including those described in the Company’s management discussion and analysis as filed with the Canadian securities regulatory authorities which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward-looking statements.

This news release shall not constitute an offer to sell or solicitation of an offer to buy the securities in any jurisdiction. The common shares will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

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IIROC Trade Halt – Tamarack Valley Energy Ltd.

Toronto, Ontario–(Newsfile Corp. – February 29, 2016) – The following issues have been halted by IIROC:

Company: 

Tamarack Valley Energy Ltd.

TSX Symbol:

TVE (all issues)

Reason:

Pending News

Halt Time (ET)

15:24

   

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

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For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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