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VanEck Vectors Global Alternative Energy ETF

Published : December 28th, 2011

Provides Update on Transaction with Tournigan Energy Ltd.

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Keywords :   Canada | Finland | Georgia | Gold |
Re:       News Release - Wednesday, December 28, 2011
Title:     Mawson Provides Update on Transaction with Tournigan Energy Ltd.
Vancouver, Canada - Mawson Resources Limited ("Mawson" or the "Company") TSX - MAW; Frankfurt - MRY. Mr. Michael Hudson, President & CEO, announces that the Company has signed a binding agreement with Tournigan Energy Ltd. (TSXV: TVC) ("Tournigan") respecting the terms of the Letter of Intent ("LOI") announced on December 7, 2011 (the "Agreement"). The Agreement supersedes the LOI.

Mawson has received conditional acceptance from the Toronto Stock Exchange to proceed with the transactions contemplated under the Agreement with Tournigan.

About Mawson Resources Limited (TSX:MAW, FRANKFURT:MRY, PINKSHEETS:MWSNF)

Mawson Resources Limited is a resource acquisition and development company. The Company has distinguished itself as a leading Scandinavian exploration company with a focus on the flagship Rompas gold project in Finland.

Shares Outstanding: 51,680,753. Cash: approximately C$11.0 million.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, President & CEO 		  Investor Information
www.mawsonresources.com
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
Email: info@mawsonresources.com


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 except as required by law.
Copyright � 2011 MAWSON RESOURCES LTD. (MAW) All rights reserved. For more information visit our website at http://www.mawsonresources.com or send email to info@mawsonresources.com ..
Data and Statistics for these countries : Canada | Finland | Georgia | All
Gold and Silver Prices for these countries : Canada | Finland | Georgia | All

VanEck Vectors Global Alternative Energy ETF
DEVELOPMENT STAGE
CODE : MAW.V
ISIN : CA57776G1063
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Mawson Res. is a gold and uranium exploration company based in Canada.

Mawson Res. holds various exploration projects in Peru and in Sweden.

Its main asset in development is FLISTJARN in Sweden and its main exploration properties are NUOTTIJÄRVI URANIUM PROJECT and ROMPAS in Finland, STENSJÖDALEN URANIUM PROJECT, SJAULE URANIUM PROJECT, LÅNGVATTNET URANIUM PROJECT, ÅSNEBOGRUVAN URANIUM PROJECT, NORR DÖTTERN URANIUM PROJECT, PRÄSTRUN URANIUM PROJECT, TRESJÖARNA URANIUM PROJECT, TÅSJÖ, DUOBBLON URANIUM PROJECT and KLÄPPIBÄCKEN in Sweden, DON BENITO in Spain and ALTO QUEMADO in Peru.

Mawson Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is 44.6 millions as of today (US$ 32.0 millions, € 30.1 millions).

Its stock quote reached its lowest recent point on August 02, 2024 at 0.54, and its highest recent level on October 15, 2024 at 1.18.

Mawson Res. has 47 442 200 shares outstanding.
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TSX-V (MAW.V)FRANKFURT (MRY.F)
0.940-3.09%3.60+0.56%
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