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Mawson Announces Filing and Mailing of Proxy Materials in Connection with the Annual General and Special Meeting of Shareholders

Shareholder Meetings

ASX ANNOUNCEMENT

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

Phone: +1 604 685 9316 / E: [email protected]

NEWS RELEASE November 17, 2023

Mawson Announces Filing and Mailing of Proxy Materials in Connection with the Annual

General and Special Meeting of Shareholders

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

(PINKSHEETS: MWSNF) is pleased to announce the mailing and filing of its notice of annual general and special

meeting (the "Meeting") of shareholders and management information circular (the "Circular "). Shareholders

may download the Circular in connection with the Meeting from the Company's website

at https://mawsongold.com/investors/annual-general-and-special-meeting/ as well as under Mawson’s profile

on SEDAR+ (www.sedarplus.ca).

Mawson will hold the Meeting on Thursday, December 7, 2023, at 10:00 am (Pacific Time) at Suite 1305 – 1090

West Georgia Street, Vancouver, BC, V6E 3V7.

Shareholders are encouraged to read the Circular and vote their shares as soon as possible. The deadline for

voting is at 10:00 am (Pacific Time) on Tuesday, December 5, 2023.

The Board of Directors of Mawson recommends that Shareholders vote FOR ALL proposed items.

Shareholder Questions

Shareholders who have any questions or require assistance with voting may contact the Company's proxy

solicitation agent and shareholder communications advisor, Laurel Hill Advisory Group, by telephone at 1 (877)

452 7184 toll-free in Canada or 1 (416) 304 0211 for international calls or by e-mail at [email protected]

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

Mawson Gold Limited has distinguished itself as a leading Nordic exploration company. Over the last decades,

the team behind Mawson has forged a long and successful record of discovering, financing, and advancing

mineral projects in the Nordics and Australia, including the Rajapalot Au-Co PEA-stage project in Finland, the

Skellefteå Au discovery and a portfolio of historic uranium resources in Sweden. Mawson also current ly holds

51% of Southern Cross Gold Ltd. (ASX:SXG) which owns or controls three high-grade, historic epizonal goldfields

covering 470 km2 in Victoria, Australia, including the Sunday Creek Au-Sb asset.

On behalf of the Board,

"Michael Hudson "

Michael Hudson

Executive Chairman

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

Some statements in this news release contain forward-looking information or forward-looking statements for the purposes

of applicable securities laws. All statements herein, other than statements of historical fact, are forward-looking statements.

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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 the successful

completion of the Springtide Transaction and matters related to the Transaction, including regulatory and Shareholder

approval, the delist ing of the Mawson Shares from TSX and their listing on the TSXV , completion of the Springtide

Transaction Financing, the receipt of conditional approval of the listing of the common shares of Springtide on the TSXV,

and the Company’s ability, if at all, to explore for uranium pursuant to anticipated changes to applicable Swedish laws.

These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under

the heading "Risk Factors" in Mawson’s most recent Annual Information Form filed on www.sedarplus.ca While these factors

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.