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 shares 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 the re-appointment of D&H Group LLP, Chartered 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 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.
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, | Further Information |
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 statements are typically identified by words such 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, the use of the net proceeds from 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 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, whether as a result of new information, future events or results or otherwise.