Golden Predator Mines Inc.

Golden Predator Mines Inc.

July 14, 2008 12:00 ET

Golden Predator Warrants Exercised for Proceeds of $7.3 Million

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2008) - Golden Predator Mines Inc. (TSX:GP) is pleased to announce that investors that participated in the July 2007 seed round financing have exercised their warrants for proceeds to the company of $7,305,000. Pursuant to the warrant exercises, a total of 4,870,000 shares of Golden Predator have been issued at an exercise price of $1.50 per share. A total of 190,000 warrants issued pursuant to the July 2007 offering were not exercised and have now expired.

Further information on Golden Predator Mines Inc. is available on the SEDAR web site at and on the company's web site at

This press release does not constitute an offer of securities in the United States. The securities referenced herein have not been and will not be registered under any federal or state securities law of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

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