Mawson Strengthens Finnish Team
1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Phone: +1 604 685 9316 / Fax: +1 604 683 1585
NEWS RELEASE SEPTEMBER 08, 2020
MAWSON STRENGTHENS FINNISH TEAM
Vancouver, Canada – Mawson Gold Limited (“Ma wson” or “the Company” ) (TSX:MAW; Frankfurt:
MXR; PINKSHEETS: MWSNF) announces changes to its management structure and the addition of a mining
engineer to its Finnish team.
Key Points
Mawson strengthens its 100%-owned Finnish subsidiary , Mawson Oy, as it moves towards updating the
Rajapalot resource estimate during September and studying future alternatives for the project:
o Appointment of Mawson’s Environmental Director Noora Ahola as Managing Director of Mawson Oy;
o Appointment of experienced mining engineer, Bouke van ’t Riet, as Non-Executive Technical Director of
Mawson Oy. Bouke has most recently been resp onsible for the technical management of Anglo
American’s Sakatti project in Finland;
o Tapani Hyysalo is appointed as Chief Operating O fficer and continues as a Board member of Mawson
Oy while Michael Hudson also continues as Board member and Chairman of Mawson Oy;
Dr. Nick Cook has been appointed Chief Geologist for Mawson global gold project portfolio;
In Finland during September, Mawson plans to release a resource upgrade, along with one rig to be mobilized
to drill targets immediately along strike from resource areas. Geophysical surveys remain ongoing and 5 drill
rigs are planned to commence a resource expansion program from December 2020.
Michael Hudson, Chairman and CEO of Mawson Gold states, “Providing further Finnish leadership, as well as adding
mining skills and experience to the team reflects the adva ncement of our Finnish gold-cobalt project. It is also a
reflection of the current global situ ation where locally-based specialist teams become ev en more important for
project development and governance, to minimize COVID-19 related risks and complications.
Noora, with her long term environmental and permitting le adership for Mawson, is the natural choice to assume
local responsibility for our Finnish operations. Bouke, with his in-depth global and Finnish-specific mining experience
brings another level of overview, as our project develops from exploration/resource expansion to permitting and
potential development. Tapani will continue to keep all our non-technical operations running smoothly.
Nick, who has been fundamental in moving the Finnish project through its exploration phase as President of the
Company over the last 8 years, will now assume a more global role and move to Chief Geologist for Mawson. He
will continue his overview of the Finnish geological team and provide leadersh ip and training of the exploration
teams working on Mawson’s Australian assets.
Both Nick and I look forward to working with the new leadership team, as the Finnish gold-cobalt project continues
to advance positively.”
About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, PINKSHEETS:MWSNF)
Mawson Gold Limited is a gold exploration and development company and has distinguished itself as a leading exploration company with a
focus on the flagship Rajapalot gold-cobalt project in Finland and its Victorian gold properties in Australia.
On behalf of the Board,
"Michael Hudson"
Michael Hudson, Chairman & CEO
Further Information
www.mawsongold.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 wi thin the meaning of applicable securitie s laws
(collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-look ing statements.
Although Mawson believes that such statemen ts are reasonable, it can give no assuranc e that such expectations will prove to be correct.
Forward-looking statements are typically identified by words su ch as: 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 results or performance, and that actual results may differ materially from those in forward-looking statements as a
result of various factors, including, but not limited to, timing of the updated resour ce on the Company’s Finnish projects, the Company’s
expectations and timing of the resource expansion and definition program at Rajapalot, Finland, capital and other costs varying significantly
from estimates, changes in world metal mark ets, changes in equity markets, the potent ial impact of epidemics, pandemics or othe r public
health crises, including the current outbreak of the novel coronavirus known as COVID-19 on the Company’s business, planned drill programs
and results varying from expectations, dela ys in obtaining results, equipment failure , 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 obligation to update any forward-looking statement, wh ether as a result of new information, futu re events
or results or otherwise.