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GOLDEN
PREDATOR APPOINTS FINANCIAL ADVISOR
Whitehorse, Yukon, February 11,
2013: Golden Predator Corp. (TSX: GPD) (the �Company�) announced today that it
has retained Raymond James Ltd. (�Raymond James�) as financial advisor to the
Company in connection with its royalty portfolio including providing an
analysis of the strategic alternatives available to the Company with a view
to identify one or more accretive transactions. This would include any
possible business combination or the acquisition of new royalties and any
potential financing.
The Company does not intend to disclose developments with respect to the
strategic review process unless and until its Board of Directors has approved
a definitive transaction or other course of action or otherwise deems that
disclosure of developments is appropriate. There can be no assurance that any
transaction will occur, or if a transaction is undertaken, as to its terms or
timing.
�Golden Predator owns significant assets, highlighted by the royalty division
that holds 34 individual royalty interests primarily in Nevada, that receive
little value in our share price,� said William M. Sheriff, Chairman &
CEO. �The lack of appreciation by the market of these royalty assets, in
addition to the Company�s Brewery Creek Project, form the rationale behind
the recently announced name change to Americas Bullion Royalty Corp and the
proposed spin-out of the exploration and development package. We are looking
forward to working with Raymond James to bring full valuation to the
Company�s extensive assets.�
About
Raymond James Ltd.
Raymond James is one of North America's leading full-service investment
dealers with an extensive presence across Canada and the United States.
Raymond James Ltd. is the Canadian subsidiary of Raymond James Financial,
Inc. Established in 1962, Raymond James Financial, Inc. made its initial
public offering in 1983 and is listed on the New York Stock Exchange using
the ticker symbol RJF. Raymond James Ltd.�s
Investment Banking team is focused on serving the financial and advisory needs
of Canadian mid-market growth companies in market sectors covered by our
equity research team. With over 100 investment banking professionals across
North America, Raymond James is committed to establishing and maintaining
long-term relationships with our corporate clients.
About
Golden Predator Corp.
Golden Predator Corp. announced on January 18, 2013 a planned change of name
in order to focus entirely on royalty and streaming by building on its
existing portfolio of 34 projects. Golden Predator Canada Corp. will continue
to advance the Brewery Creek Project as a separate entity to be divested to
shareholders by spin-out or similar transaction.
Americas Bullion Royalty Corp. will focus on royalty and streaming assets
providing revenue as well as lower risk exposure to shareholders through
project diversity in first world jurisdictions. The Company's existing
portfolio is highlighted by Gross in-kind Royalties on Midway Gold's Pan and
Gold Rock deposits, as well as 2 separate projects encompassing more than 34
square miles at Barrick's Bald Mountain project in
Nevada.
The Company holds additional royalties including a Net Smelter Royalty on the
Taylor Silver project and a portion of the Tonkin Springs project also in
Nevada. The entire package comprises more than 100,000 acres located
primarily in Nevada, with 7 of the projects located in Wyoming, Oregon,
California and Mexico. Current royalty revenue is anticipated to experience
acceleration as early as 2014 as several of these projects begin to advance. As
Americas Bullion Royalty Corp., the Company's royalty portfolio is unique in
the mineral development industry due to its ability to receive the majority
of projected revenues in-kind
(gold bullion as opposed to cash).
Golden Predator Canada Corp. will remain the Yukon's Gold Company, and will be mandated
to become the Yukon's next gold producer by advancing its 100% owned Brewery
Creek Project with a production goal of 2014. The Company has an extensive
exploration portfolio in the Yukon including advanced road accessible assets
at Clear Creek, Grew Creek and Gold Dome along with the Cache Creek and Rogue
projects in the Selwyn Basin. Golden Predator Canada Corp. will continue to
have one of the largest controlled land positions in the Yukon, and is proud
of their demonstrated commitment to strong relationships with First Nations
and local communities.
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