ZURICH, SWITZERLAND / ACCESSWIRE / July 22, 2016 / Today, Stephan Bogner from Rockstone Research published update on Golden Dawn Minerals Inc. (TSX.V: GOM) as the company announced material news yesterday. To get funding for project acquisitions and capital expenditures (CAPEX) in order to go into production are one of the biggest hurdles for juniors. Yesterday, Golden Dawn has taken a bit step in leaving both hurdles behind, advancing to a potentially highly profitable gold producer in British Columbia within the next few months. According to yesterday's announcement, San Francisco based private equity fund RIVI Capital intends to pay Golden Dawn $4 million USD in 2 tranches, which will fund CAPEX to resume mining, processing and purchase of the Greenwood Project consisting of a modern 220/400 t/day flotation mill as well as the Lexington-Grenoble and Golden Crown Mines, located 500 km east of Vancouver B.C. near the City of Greenwood on TransCanada Highway #3.
The full report can be accessed with the following links:
English (PDF):
http://rockstone-research.com/images/PDF/GoldenDawn2en.pdf
English (web version):
German (PDF):
http://rockstone-research.com/images/PDF/GoldenDawn2de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research
ReleaseID: 442712
