Mawson Resources Closes C$5.3 Million Private Placement Financing
1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Phone: +1 604 685 9316 / Fax: +1 604 683 1585
NEWS RELEASE December 8, 2017
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
MAWSON RESOURCES CLOSES C$5.3 MILLION PRIVATE PLACEMENT FINANCING
Vancouver, Canada – Mawson Resources Limited (“Ma wson” or the “Company”) (TSX:MAW) (Frankfurt:MXR)
(PINKSHEETS: MWSNF) is pleased to announce that it has closed its previously announced private placement to raise gross
proceeds of $5,258,150. The Offering consisted of a brokered offering led by Haywood Securities Inc., on behalf of a syndicate
of agents including Canaccord Genuity Corp., Red Cloud Klondike Strike Inc., and Eight Capital, to raise gross proceeds of
$3,084,100 (the “Brokered Offering”) and a concurrent non-brokered offering to raise $2,174,050 (the “Non-Brokered Offering”,
and together with the Brokered Offering, the “Offering”).
Pursuant to the Offering, the Company issued a total of 15,023,285 units (the “Units”) at a price of C$0.35 per Unit. Each Unit
is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant (each
whole common share purchase warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share
of the Company at a price of C$0.50 until December 8, 2019. All securities issued in connection with the Offering will be subject
to a statutory four-month hold period.
Certain directors and officers of the Company participated in the Non-Brokered Offering for $148,750.
The net proceeds received by the Company from the Offering will be used for exploration on the Company’s exploration
properties, primarily in Finland and for working capital and general corporate purposes.
This press release does not constitute an offer to sell or a so licitation of an offer to buy nor shall there be any sale of any of
the securities in any jurisdiction in which such offer, solicitat ion or sale would be unlawful. The securities have not been an d
will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities
laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or
benefit of, a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities
Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
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 Rompas and Rajapalot gold projects 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,
Forward-Looking Statement
This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities 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 statement s are typically identified by
words such as: believe, expect, anticipate, intend, estimate, postul ate, 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 result s or performance, and that act ual results may differ
materially from those in forward-looking statements as a result of various factors, including, but not limited to, the proposed use of the net proceeds of the
Offering, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, planned drill programs and
results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local comm unity 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 a pplicable securities laws, Mawson disclaims any intent or obligatio n to update any forward-
looking statement, whether as a result of new information, future events or results or otherwise.