Mawson Files Early Warning Report
Vancouver, Canada - Mawson Resources Limited ("Mawson") TSX - MAW; Frankfurt - MRY announces that Mawson has purchased pursuant to a private placement 1,000,000 Units of Hansa Resources Limited ("Hansa") at a price of $0.05 per Unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles Mawson to purchase one additional common shares at $0.10 for a period of twenty-four months from the date of closing of the private placement. Hansa is listed on the TSX Venture Exchange under the symbol "HRL".
Prior to the closing of the private placement, Mawson owned 6,000,000 common shares of Hansa. Assuming full exercise of the warrants, Mawson would own 8,000,000 common shares of Hansa representing 16.19% of the issued and outstanding common shares on a partially diluted basis.
The acquisition was made for investment purposes only. Mawson may from time to time acquire additional securities of Hansa, dispose of existing or additional securities, or continue to hold its current position.
An Early Warning Report regarding this acquisition may be obtained by contacting Mawson's head office at 604.685.9316 or on SEDAR at www.sedar.com
About the Company: Mawson Resources holds significant uranium resources in the nuclear energy reliant countries of Spain, Sweden and Finland. As the European Union reduces its reliance on carbon-based energy sources, Mawson is well placed as the Company develops its exploration portfolio towards the sustainable production of uranium in the shortest possible time frame.
On behalf of the Board,
Michael Hudson, President & CEO
1305 -- 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez +1 (604) 685 9316
Investor Relation Consultants - Mining Interactive
Nick Nicolaas +1 (604) 657 4058
Forward Looking Statement. The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement. The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.