Golden Predator takes in C$12.1 million via private placement of stock

15% greenshoe exercised; proceeds fund exploration, general purposes

By Devika Patel

Knoxville, Tenn., March 21 - Golden Predator Corp. said it concluded a C$12.09 million private placement of shares. The deal priced for C$17 million on Feb. 28. Casimir Capital Ltd. was the agent.

The company sold 350,000 shares at C$0.75 each and 13,758,116 flow-through shares at C$0.86 each. The prices reflect a 2.6% discount and an 11.69% premium, respectively, to the company's closing price on Feb. 27, C$0.77.

Proceeds will be used for the exploration and development of the company's Brewery Creek project and other Canadian mineral properties and for general corporate purposes.

Vancouver, B.C.-based Golden Predator explores gold deposits.

Issuer:	Golden Predator Corp.
Issue:	Shares, flow-through shares
Amount:	C$12,094,480
Agent:	Casimir Capital Ltd.
Pricing date:	Feb. 28
Settlement date:	March 21
Stock symbol:	Toronto: GPD
Stock price:	C$0.77 at close Feb. 27
Market capitalization:	C$76.25 million
Shares
Amount:	C$262,500
Shares:	350,000
Price:	C$0.75
Flow-though shares
Amount:	C$11,831,980
Shares:	13,758,116
Price:	C$0.86

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