Vancouver, BC, February 26, 2010 – Golden Dawn Minerals Inc.(TSX-V: GOM) (the “Company”) announces a non-brokered private placement offering up to 1,500,000 (the “Units”) of the Company at a price of $0.05 per Unit. Each Unit is comprised of one flow-through common share and one-half of one share purchase warrant, with each whole warrant, exercisable at $0.12 for two years from the date of issue subject to regulatory approval.

The Company is offering 6% cash and 10% warrants as a finder’s fee on this private placement.

ON BEHALF OF THE BOARD OF DIRECTORS OF GOLDEN DAWN MINERALS INC.

_____________________________
Wolf Wiese
President/CEO

For further information:
GOLDEN DAWN MINERALS INC.
575-1111 West Hastings Street
VANCOUVER, BC, V6E 2J3
Telephone: (604) 221-8936
Facsimile: (604) 685-2560

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