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SXGC.TO ·

Mawson Announces Filing of Ni 43-101 Technical Report

Resource Estimates Technical Reports (NI 43-101)

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

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

NEWS RELEASE DECEMBER 19, 2018

MAWSON ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT

Vancouver, Canada – Mawson Resources Limite d (“Mawson”) or (the “Company”) (TSX:MAW)

(Frankfurt:MXR) (PINKSHEETS: MWSNF) announces the filing of an independent National Instrument 43-101

Technical Report on the Mineral Resource Estimate for th e Raja and Palokas Prospects, at the 100% owned Rajapalot

Project in Finland, (the “NI 43-101 Technical Report”), in support of the Company’s news release dated December 17,

2018.

The NI 43-101 Technical Report was authorized by Mr. Rod Webster of AMC Consultants Pty Ltd (“AMC”) of Melbourne,

Australia, and Dr. Kurt Simon Forrester of Arn Perspective of Surrey, England. Each of Mr. Webster and Dr. Forrester are

independent “qualified persons” as defined by National In strument 43-101. The NI 43-101 Technical Report may be

found on the Company’s website at www.mawsonresources.com or under the Company’s profile on SEDAR at

www.sedar.com

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 Rajapalot gold-cobalt project 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,

[email protected]

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. Forwar d-looking statements are

typically identified by words such as: believe, expect, anticipa te, intend, estimate, postulate, and similar expressions, or ar e those, which, by their

nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future resu lts or performance, and

t h a t a c t u a l r e s u l t s m a y d i f f e r m a t e r i a l l y f r o m t h o s e i n f o r w a r d - l o o k i n g s t a t e m e n t s a s a r e s u l t o f v a r i o u s f a c t o r s , i n c l u d i n g , but not limited to, the

Company’s expectations regarding resource calculations, the timing and successful completion of planned drill programs, results from these programs

varying from expectations, capital and other costs varying signif icantly from estimates, changes in world metal markets, change s in equity markets,

delays in obtaining results, equipment fail ure, unexpected geological conditions, local community relations, dealings with non- governmental

organizations, delays in operations due to permit grants, envi ronmental and safety risks, and other risks and uncertainties dis closed under the heading

"Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement speaks onl y 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 upd ate any forward-looking

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