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*Golden Predator Mining Corp. 
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CategoryNotice TypeDate
MiscellaneousCorrection23/Mar/2017

GOLDEN RPEDATOR MINING CORP. ("GPY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an option agreement dated February 9, 2017 (the 'Agreement') between the Company and Precipitate Gold Corp. (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in the Reef Property in southeast Yukon Territory (the 'Property'). By way of consideration, the Company will make cash payments totalling $1,050,000 and issue shares and warrants over a three year period. In the first year, the Company will issue 200,000 shares and 200,000 warrants (100,000 exercisable at $1.59 for three years and 100,000 exercisable at $2.00 per share) to the Optionor. In the second and third years, the Company will issue $300,000 of shares per year, using a floor price of $1.27 as the deemed price per share) and issue 300,000 warrants per year. The exercise price of these warrants will be calculated in accordance with the terms of the Agreement, but will be subject to a floor exercise price of $1.59. Certain claims within the Property are subject to a 2% NSR, and other claims are subject to a 1% NSR, in favour of the Optionor, of which 25% may be repurchased for $1,000,000 and an additional 25% may be repurchased for $1,500,000.

Please refer to the Company's news release dated February 13, 2017 for further details.

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