DYU Dawson Gold Corp

Dawson Gold Corp. (TSX VENTURE:DYU)(FRANKFURT:3DG) ("Dawson Gold" or the
"Company") proposes to undertake a one-for-two share consolidation and then
complete a private placement of up to 24,000,000 units of the Company at a price
of $0.05 per unit. Each unit will consist of one post-consolidated share and one
warrant. Each warrant will entitle the holder to acquire a further
post-consolidated share at a price of $0.10 exercisable for 18 months from the
issuance date. The Company will pay a finder's fee of 6% in cash or securities
on all or part of the private placement. This private placement replaces the
financing announced on August 16, 2011.


The private placement is subject to TSX Venture Exchange acceptance, and to
completion of the previously announced share consolidation (news release of
August 19, 2011) on the basis of two existing shares for each post-consolidated
share, which was approved by the shareholders at an Extraordinary General
Meeting on September 23, 2011.


The proceeds from the Offering will be used to fund exploration on the Company's
Toro project in the Yukon and for general working capital purposes.


For additional information please visit the Company's website at www.dawsongold.com.

About Dawson Gold Corp.

Dawson Gold Corp. is a mineral exploration company, focused on the exploration
and development of precious/base metals properties located in Yukon. The Company
is based in Vancouver, and is supported by an aggressive management team with
strong ties to the Yukon. Dawson's cornerstone asset is the Toro Gold Property
located in the southern end of the White Gold District, in the Dawson Range. The
Toro Gold Project covers over 412 contiguous claims (approximately 8,300
hectares) of prospective ground. Dawson has an option to earn a 100% interest in
the Toro Gold Property from Northern Freegold Resources Ltd.


On behalf of the Board of Directors

Paul D. Gray, P.Geo., Chief Executive Officer

Dawson Gold Corp.

Dawson Gold Corp (TSXV:DYU)
Historical Stock Chart
From Jul 2024 to Aug 2024

Dawson Gold Corp (TSXV:DYU)
Historical Stock Chart
From Aug 2023 to Aug 2024