Mawson Announces Passing of Director Colin Maclean
1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Phone: +1 604 685 9316 / Fax: +1 604 683 1585
NEWS RELEASE August 25, 2023
Mawson Announces Passing of Director Colin Maclean
Vancouver, Canada — Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR)
(PINKSHEETS: MWSNF) announces with great sadness and heavy heart the sudden and unexpected passing of long-
time independent director Mr. Colin Maclean. Mr. Maclean served as an independent director of Mawson since February
2012 and as member of Mawson’s Audit, Compensation, Corporate Governance and Nominating Committees.
Mr. Maclean was a highly accomplished mining professional whose career spanned many decades. He was a founding
partner and former Deputy Chairman of The Sentient Group's Resources Funds ("Sentient"). For the decade prior to
joining Mawson, he stewarded a number of Sentient's investments as a director of the investee companies under his
direct responsibility. Prior to joining Sentient, he spent 14 years in funds management at the Private Capital division of
the AMP Society, then Australia's foremost investing institution. Prior to AMP, he spent 15 years as an explorati on
geologist, mainly with the Exxon Minerals group, exploring for uranium, gold and other ore deposit types in Australia,
South Africa, the USA and Europe. His most senior field role was Exploration Manager for Exxon Minerals Germany,
where his team was successful in delineating a uranium deposit.
Michael Hudson, Executive Chairman, states, “Colin was simply a very good man. We were all privileged to have him
in our lives. His balance, poise, fierce intellect, and rational approach to all issues will be greatly missed. He was a
great mentor. Vale Colin and our thoughts are with his wonderful family.”
Noora Ahola, Mawson’s CEO, states, “Colin was a valued member of the team for years, not only for his professionalism
and great intellect but also on a personal level as a good friend and mentor to many. The grief is immense, we will
never forget him.”
We would like to express our sincere gratitude for Colin’s active service and invaluable contributions as an independent
member of the Board and member of several of Mawson’s standing committees. The Board, management and staff at
Mawson will be forever grateful for Colin’s commitment and dedication and send our deepest condolences to Colin’s
family and friends during this difficult time.
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 currently owns 51% of Southern Cross Gold 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,
"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. These statements address future events and conditions and so involve inherent risks and uncertainties, as
disclosed under the heading "Risk Factors" in under the heading "Risk Factors" in Mawson's most recent Annual Information Form
filed on www.sedar.com. 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.