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Mawson Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

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

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

NEWS RELEASE November 6, 2019

MAWSON ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

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

(PINKSHEETS: MWSNF) announces the voting results from the Company’s Annual General Meeting of Shareholders held

on Wednesday, November 6, 2019 (the “ Meeting”). A total of 89,205,281 common sh ares were voted, representing

62.65% 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 87,325,781 97.89 1,879,500 2.11

Nick DeMare 66,770,946 74.85 22,434,335 25.15

David Henstridge 66,834,446 74.92 22,370,835 25.08

Mark Saxon 87,324,781 97.89 1,880,500 2.11

Colin Maclean 87,665,781 98.27 1,539,500 1.73

Noora Ahola 89,173,181 99.96 32,100 0.04

Philip Williams 87,325,681 97.89 1,879,600 2.11

In addition, shareholders approved th e re-appointment of D&H Group LLP, Char tered Professional Accountants, as the

Company’s auditors for the ensuing year at the remuneration to be fixed by the directors. More details of the results of the

Meeting will be provided 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 Di rectors re-appointed Mr. Hudson as Chai rman 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.

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

Mawson Resources Limited is an exploration and development company with a focus on the resource expansion of its high-

grade Rajapalot gold-cobalt project in Finland. Mawson has distinguished itself as a leading Nordic Arctic exploration

company.

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]

2

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, expe ct, anticipate, intend, estimate, postulate, and similar expressions, or are those, w hich, by their nature, refer to

future events. Mawson cautions investors that any forward-lookin g statements are not guarantees of future results or performanc e, and that actual results

may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, c apital and othe r costs varying

significantly from estimates, changes in world metal markets, changes in equity markets, planned drill programs and results var ying from expectations,

delays in obtaining results, equipment failure, unexpected geol ogical 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 th e heading "Risk Factors" in

Mawson's most recent Annual Information Form filed on www.sedar.c om. Any forward-looking statement speaks only as of the date o n which it is made

and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-l ooking statement, whether

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