Mawson Announces Appointment of Neil MacRae as New Independent Director
ASX ANNOUNCEMENT
1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Phone: +1 604 685 9316 / Fax: +1 604 683 1585
NEWS RELEASE October 27, 2023
Mawson Announces Appointment of Neil MacRae as New Independent Director
Vancouver, Canada — Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR)
(PINKSHEETS: MWSNF) is pleased to announce the appointment of M r. Neil MacRae as a new independent
director of Mawson effective immediately.
Mr. MacRae is a capital markets professional with 29 years of e xperience in investor relations, commodities
trading and corporate development within the global mining industry. Neil holds a Bachelor of Arts degree from
the University of Calgary and started his career in 1994 with Mitsui & Co. (Canada) Ltd. Over the years, Neil has
h e l d v a r i o u s m a n a g e m e n t a n d i n v e s t o r r e l a t i o n s r o l e s w i t h c o m p an i e s s u c h a s F i r s t M a j e s t i c S i l v e r C o r p ,
Sherwood Copper Corp (merged with Capstone in 2008), Farallon Mining Ltd. (sold to Nyrstar in 2011), NovaGold
Resources Inc. and Santacruz Silver Mining Ltd.
The Company also announces the resignation of Mr. John Jentz as d i r e c t o r o f t h e C o m p a n y , e f f e c t i v e
immediately, for personal reasons. The Board thanks Mr. Jentz for his many contributions and wishes him well.
About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)
Mawson Gold Limited is an exploration and developmen t company. Mawson has distingui shed i tsel f as a l eadi ng N o rdi c ex pl o ratio n
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 currently owns 51% of Southern Cross Gol d Ltd (ASX:SXG) which in turn owns or controls three high-grade ,
historic epizonal goldfields covering 470 km2 in Victoria, Australia.
On behalf of the Board,
"Noora Ahola"
Noora Ahola, Interim 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, M awson’s expectations regarding its ownership interest in Southe rn Cross
Gold, capital and other costs va rying significantly from estima tes, changes in world metal markets, changes in equity markets, th e
potential impact of epidemics, pandemics or other public health crises, including COVID-19, on the Company’s business, risks related to
negative publicity with respect to the Company or the mining industry in general; exploration potential being conceptual in nature, there
being insufficient exploration to define a mineral resource on the Australian-projects owned by SXG, and uncertainty if further exploration
will result in the determination of a mineral resource; planned drill programs and results varying from expectations, delays i n obtaining
results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organi zations,
delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading
"Risk Factors" in Mawson's most recent Annual Information Form filed on SEDAR. Any forward-looking statement speaks only as of the
date on which it is made and, except as may be required by appl icable securities laws, Mawson disclaims any intent or obligati on to
update any forward-looking statement, whether as a result of new information, future events or results or otherwise.