Mr. Michael Hudson reports

MAWSON ANNOUNCES PASSING OF DIRECTOR COLIN MACLEAN

With great sadness and a heavy heart, Mawson Gold Ltd. has noted the sudden and unexpected passing of long-time independent director 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. 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 exploration geologist, mainly with the Exxon Minerals group, exploring for uranium, gold and other ore deposit types in Australia, South Africa, the United States 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, stated: "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 chief executive officer, stated: "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."

The company would like to express its sincere gratitude for Mr. Maclean'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 Mr. Maclean's commitment and dedication and send its deepest condolences to Mr. Maclean's family and friends during this difficult time.

About Mawson Gold Ltd.

Mawson Gold is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with its 100-per-cent-owned flagship Rajapalot gold-cobalt project in Finland and right to earn into the Skelleftea North gold project in Sweden. Mawson also currently owns 51 per cent of Southern Cross Gold Ltd., which in turn owns or controls three high-grade, historic epizonal goldfields covering 470 square kilometres in Victoria, Australia.

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