Mawson Announces Extension of Share Purchase Warrants
1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Phone: +1 604 685 9316 / Fax: +1 604 683 1585
NEWS RELEASE September 27, 2018
MAWSON ANNOUNCES EXTENSION OF SHARE PURCHASE WARRANTS
Vancouver, Canada – Mawson Resources Limite d (“Mawson”) or (the “Company”) (TSX:MAW)
(Frankfurt:MXR) (PINKSHEETS: MWSNF) announces that the Company proposes to extend the term of an aggregate
of 7,500,000 common share purchase warrants (the "Warrants") that were issued in connection with the closing of a non-
brokered private placement in 2016.
Each Warrant entitles holders to purchase one common share of Mawson (the “Shares”) at an exercise price of $0.60 per
Share and are currently due to expire on December 2, 2018. The Company will make an application with the Toronto Stock
Exchange (the "Exchange") to extend the expiry date of the Warrants by one year (the “New Expiry Date”), subject to
an acceleration provision. The acceleration provision provid es that in the event the Shares trade on the Exchange or, if
such Shares are no longer listed on the Exchange, on such other stock exchange on which such Shares are listed, at a
weighted average trading price of CDN$0.80 per Share for any twenty (20) consecutive trading-day period, the Company
may accelerate the New Expiry Date of all, but not less than all, of the Warrants to the date that is thirty (30) days from
the date of issue of a news release by the Company announcing such acceleration of the New Expiry Date. All other terms
of the Warrants will remain the same.
As a director of the Company holds 25,000 warrants and a gr eater than 10% institutional shareholder holds 2,689,033
warrants, it is a requirement of Exchange policies that Mawson seek disinterested shareholder approval at the next annual
meeting of shareholders to be held on Tuesday, November 6, 2018. As such, the proposed extension of all the Warrants by
the Company is conditional upon receipt of both Exchange and disinterested shareholder approval.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and a pplicable state securities laws or an exemption from such
registration is available.
About Mawson Resources Limited (TSX:MAW, FRANKFURT:MXR, PINKSHEETS:MWSNF)
Mawson Resources Limited is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic
exploration company with a focus on the flagship Rompas and Rajapalot gold projects in Finland.
On behalf of the Board,
"Michael Hudson"
Michael Hudson, Chairman & CEO
Further Information
www.mawsonresources.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316,
Forward-Looking Statement
This news release contains forward-looking statements or forward-looking information within the meaning of applicable securitie s laws (collectively,
"forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking 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 forward-looking statements as a result of various factors, including, but not limited to, t he receipt of disinterested
shareholder and Exchange approval with re spect to the extension of the Warrants, capital and other costs varying significantly from estimates, changes
in world metal markets, changes in equity markets, planned dril l programs and results varying from expectations, delays in obtaining results, equipment
failure, unexpected geological conditions, local community relation s, dealings with non-governmental organizations, delays in o perations due to permit
grants, environmental and safety risks, and other risks and uncer tainties disclosed under the heading "Risk Factors" in Mawson' s most recent Annual
Information Form filed on www.sedar.com. 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.