Mawson Announces Results of Annual General Meeting of Shareholders

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

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

NEWS RELEASE NOVEMBER 6, 2018

MAWSON ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vancouver, Canada – Mawson Resources Limited (“Mawson”) (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS:

MWSNF) announces the voting results from the Company’s Annual General Meeting of Shareholders held on Tuesday,

November 6, 2018 (the “ Meeting”). A total of 44,532,304 common shares we re voted, representing 31.45% of the

Company’s issued and outstanding common shares. Shareholders voted in favor of all the items of business before the

Meeting, including setting the number of directors at seven (7) and for the re-election of all director nominees.

The percentage of votes cast for each director is as follows:

Nominee Votes For % For Votes

Withheld

%

Withheld

Michael Hudson 44,504,254 99.94 28,050 0.06

Nick DeMare 44,504,254 99.94 28,050 0.06

David Henstridge 44,504,254 99.94 28,050 0.06

Mark Saxon 44,502,254 99.93 30,050 0.07

Colin Maclean 44,464,254 99.85 68,050 0.15

Noora Ahola 44,504,254 99.94 28,050 0.06

Philip Williams 44,474,254 99.87 58,050 0.13

At the Meeting, the Company’s disinterested shareholders ratified and approved the extension of warrants that was

previously announced by the Company on September 27, 2018. The Company was required to obtain specific approval of

the extension of the warrants held by Sentient Global Reso urces Fund IV, L.P., an inside r and control person of the

Company, and by Philip Williams, a director of the Company. According to the votes cast by disinterested shareholders

present in person or by proxy, a total of 6,214,565 common sh ares or 97.63% of the votes represented by disinterested

shareholders were voted in favor of the extension of warrants. In addition, shareholders of the Company approved the

adoption of the Company’s Restricted Share Unit Plan and all unallocated entitlements under the RSU Plan until November

6, 2021. A total of 44,420,204 common shares or 99.75% of the votes represented by shareholders were voted in favor

of this resolution.

Additional details of the results of the Meeting will be pr ovided in a Report of Voting Results to be filed under the

Company’s profile on SEDAR at www.sedar.com.

Following the Meeting, the Board of Directors re-appointed Mr. Hudson as Chairman and CEO, Dr. Nicholas Cook as

President, Mr. DeMare as CFO, and Ms. Mariana Bermudez as Corporate Secretary. The Board of Directors also appointed

Messrs. Henstridge, Maclean and Saxon as members of the Company’s Audit Committee.

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About Mawson Resources Limited (TSX:MAW, FRANKFURT:MXR, PINKSHEETS:MWSNF)

Mawson Resources Limited is an exploration and developmen t company. Mawson has distin guished itself as a leading

Nordic Arctic exploration company with a focus on the flagship Rompas-Rajapalot gold cobalt project in Finland.

On behalf of the Board,

"Michael Hudson"

Michael Hudson, 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: aim, 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 resu lts or performance, and

that actual results may differ materially from those in forward-looking statements as a result of various factors, including, b ut not limited to, capital and

other costs varying significantly from estimates, changes in worl d metal markets, changes in equi ty markets, planned drill prog rams and results varying

from expectations, 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, 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 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 oblig ation to update any

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