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Mawson Announces Appointment of John Jentz as Independent Director

Management Changes

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7

Phone: +1 604 685 9316 / Fax: +1 604 683 1585

NEWS RELEASE September 8, 2022

Mawson Announces Appointment of John Jentz as Independent Director

Vancouver, Canada — Mawson Gold Limited (“Mawson”) or (the “Com pany”) (TSX:MAW) (Frankfurt:MXR)

(PINKSHEETS: MWSNF) is pleased to announce the appointment of Mr. John Jentz to the B o a r d o f D i r e c t o r s ( t h e

“Board”) of Mawson, as Independent Director.

Mr. Jentz is a seasoned mining professional and company director. During his 20+ year career in mining, Mr. Jentz has held

roles across investment banking and mining corporates – most notably in recent positions of VP Corporate Development of

Semafo Gold and Director of North American Palladium, each of which were acquired for ~C$1B in the last 3 years. He has

a strong corporate strategy mindset, mining capital markets experience which spans institutional, HNW and retail investor

bases, and a corporate finance skill base relevant across the c apital structure. Mr. Jentz has a HBSc (Actuarial) from the

University of Western Ontario, and MBA from McMaster University and is both a Charted Accountant (CA) and Chartered

Professional Accountant (CPA). He is currently the Lead Director of Consolidated Uranium Inc. (TSXV: CUR).

Pursuant to the Company’s Stock Option Plan and, in connection with Mr. Jentz’ appointment to the Board, Mr. Jentz has

been granted incentive stock options to purchase 600,000 common shares of the Company, exercisable at a price of $0.15

per common share for a period of three years.

Mr. Fairhall, CEO, states “I am very pleased to welcome John to the Board. John brings d ecades of financial

and mining experience overseeing real value creation and realiz ation. These skills are complementary to

Mawson’s strategy as it looks to build shareholder value from i ts unique asset portfolio which includes the

1.04 Moz AuEq Rajapalot project in Finland (PEA in-progress), Skellefteå North Gold project in Sweden and its

60% holding of ASX listed Southern Cross Gold Ltd. I look forward to John’s contributions during this exciting

time for the Company.

About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)

Mawson Gold Limited is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration

company with its 100% owned flagship Rajapalot gold-cobalt project in Finland, and right to earn into the Skellefteå North gold project

in Sweden. Mawson also owns 60% of Southern Cross Gold Ltd (ASX:SXG) which in turn owns three high-grade, historic epizonal goldfields

covering 470 km2 in Victoria, Australia.

On behalf of the Board,

"Ivan Fairhall”

Ivan Fairhall, CEO

Further Information

www.mawsongold.com

1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7

Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316

[email protected]

Forward-Looking Statement

This news release contains forward-looking statements or forwar d-looking information within the meaning of applicable securiti es laws

(collectively, "forward-looking statements"). All statements he rein, other than statements of h istorical fact, are forward-loo king

statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove

to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate,

and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking

statements are not guarantees of future results or performance, and that actual results may differ materially from those in fo rward-

looking statements as a result of various factors, including, but not limited to: capital and other costs varying significantly from estimates;

changes in world metal markets; changes in equity markets; ability to achieve goals; that the political environment in which the Company

operates will continue to support the development and operation of mining projects; the threat associated with outbreaks of viruses and

infectious diseases, including the novel COVID-19 virus; risks related to negative publicity with respect to the Company or th e mining

industry in general; reliance on a single asset; planned drill programs and results varying from expectations; unexpected geol ogical

conditions; local community relations; dealings with non-govern mental organizations; delays in operations due to permit grants ;

environmental and safety risks; and other risks and uncertainti es disclosed under the heading "Risk Factors" in Mawson's most recent

Annual Information Form filed on www.sedar.com. While these fac tors and assumptions are considered reasonable by Mawson, in light

of management’s experience and perception of current conditions and expected developments, Mawson can give no assurance that such

expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which it is made and, except as may

be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether

as a result of new information, future events or results or otherwise.