News Release
NEWS RELEASE TSX.V: GPY NR 16-19
www.goldenpredator.com
Golden Predator and Tr'ondëk Hwëch'in Amend Brewery Creek Project Socio-Economic Accord
Vancouver, BC, June 24, 2016: Golden Predator Mining Corp. (TSX.V: GPY) (the "Company") is pleased to announce that the Company and the Tr'ondëk Hwëch'in ("TH") have amended the terms of the Socio- Economic Accord dated September 26, 2012 relating to the Brewery Creek Project. Under the terms of the Accord, the TH were to receive $150,000 CDN worth of common shares in September 2013. TH agreed to extend that payment date due to market conditions in 2013. The amendment updates the Accord to adjust the share payment to $150,000 CDN in common shares of the Company at a price of
$0.61 per share, for a total of 245,901 shares.
The Company and the TH will continue to build on their effective working relationship, foster successful social and economic development of TH while ensuring successful environmental screening, licensing, permitting, financing and construction and operation of the Brewery Creek Project.
All securities issued will be subject to a four-month hold period. Closing of the share issuance is subject to the approval of the TSX Venture Exchange.
About Golden Predator Mining Corp.
Golden Predator Mining Corp., a Canadian gold mineral exploration company, is focused on advancing its high grade 3 Aces Project and the Brewery Creek project, a past producing heap leach gold operation in Canada's Yukon.
For additional information: Janet Lee-Sheriff
Chief Executive Officer
(214) 304-9552
[email protected] www.goldenpredator.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains forward-looking information that involves various risks and
uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations that the private placement will complete as described herein, that the proceeds of the private placement will be used as described herein, and that the Project will advance through permitting and feasibility. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities. The securities referenced in this news release have not and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.