Golden Predator Royalty & Development Corp.

Golden Predator Royalty & Development Corp.

November 27, 2009 11:48 ET

Golden Predator Receives Conditional Toronto Stock Exchange Listing Approval

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2009) - Golden Predator Royalty & Development Corp. (TSX VENTURE:GPD) (the "Company") is pleased to announce that it has received the conditional approval of the Toronto Stock Exchange ("TSX") to list the Company's common shares, as well as the Company's trading share purchase warrants (TSX VENTURE:GPD.WT)(TSX VENTURE:GPD.WT.A) on the TSX. Listing of the common shares and share purchase warrants is subject to compliance with all TSX requirements, including receipt by the TSX of all required documentation by February 22, 2010. The Company will notify its shareholders as soon as the date for trading on the TSX has been confirmed. Once listed, the Company's common shares and share purchase warrants will continue to trade under the symbols "GPD", "GPD.WT" and "GPD.WT-A", and will be de-listed from the TSX-V.

"GPD's listing on the TSX is a notable milestone for the Company," said William M. Sheriff, Chairman & CEO. "The TSX listing is anticipated to provide increased visibility and greater recognition in the global financial markets, as well as a more accessible trading platform for institutional investors."

About Golden Predator Royalty & Development Corp.

Golden Predator's corporate mandate is to establish a self-funded precious metals exploration company.

The Company is focused on exploring for and developing world class gold deposits in the Yukon's Tintina Gold Belt, where the Company is aggressively exploring its Gold (Scheelite) Dome, Antimony Mountain, Clear Creek and the Brewery Creek projects.

The Company is also drilling a number of its Nevada and California properties with bonanza-style gold targets, including Adelaide, Golden Ridge and Angel's Camp, to potentially provide near term production of small-tonnage high grade ores. The Company intends, through its strategic use of modular mills at its Taylor and Humboldt mill sites, to become a gold producer capable of funding its Yukon program. In addition, the Company currently receives in excess of $1.2 M per year from its royalty stream.

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Golden Predator's plans and objectives to differ materially from those expressed in the forward-looking information. 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, Golden Predator assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Golden Predator Royalty & Development Corp.
    William Sheriff
    Chairman & CEO
    (604) 648-GOLD
    Golden Predator Royalty & Development Corp.
    John Legg
    (604) 648-4653