🕐07.12.10 - 16:27 Uhr
Mawson Announces Advisory Board
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Re: News Releases - Tuesday, December 07, 2010
Mawson Announces Advisory Board
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Vancouver, Canada -- Mawson Resources Limited ("Mawson") TSX -- MAW;
Frankfurt -- MRY.
Mr Michael Hudson, President & CEO, announces that
the Company has formed an Advisory Board to counsel the Companys CEO
and corporate Board of Directors in matters related to continuing
exploration and development of its Scandinavian and South American
exploration projects.
Three initial appointees to the Advisory Board
bring considerable depth of experience in European uranium and gold
exploration, business development and financial matters.
The three appointees to the newly created Advisory Board are:
Dr.
Claude Caillat PhD (Geology).
Dr Caillat is currently the Senior
Expert Geologist for Areva NCs Mining Business Unit based in Paris.
He has worked with Areva or associated companies for more than 30
years.
He started his career exploring for uranium in Africa and
then later focused in Canada.
He was the Managing Director of
COGEMAs local Swedish company from 1990 to 1997 and was involved in
exploration programs for uranium and gold in Sweden, Finland and
Russia.
Dr Caillat was General Director of AREVAs Russian subsidiary
until 2009.
Mr.
Colin Maclean B.A (First Class Honours Geology).
Mr Maclean is
Deputy Chairman and a founding partner of The Sentient Groups
Resources Funds ("Sentient").
For the past 9 years he has stewarded
Sentients 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 Australias foremost investing institution.
Prior to
AMP, he spent 15 years as an exploration geologist, mainly with the
Exxon Minerals group, exploring for uranium and other ore deposit types
in Australia, South Africa, the USA and Europe.
His most senior role
was Exploration Manager for Exxon Minerals Germany, where his team was
successful in delineating a uranium deposit.
Mr.
Phillip Williams B.Comm.
CFA (Commerce).
Mr Williams has 10 years
financial market experience with a focus on junior resource companies.
Mr.
Williams expertise includes evaluating new opportunities and
raising funds.
He is currently Vice-President of Business Development
with Pinetree Capital Ltd ("Pinetree").
Previously he spent many years
working for several institutional brokerage firms in the equity
research department.
Most recently, he was a uranium analyst focused
on companies with advanced development projects worldwide.
Mr.
Williams
is a chartered financial analyst.
Areva, Sentient and Pinetree hold respectively an aggregate of 4.7M,
5.0M and 4.2M common shares, and rights to acquire an additional 4.2M,
2.5M and 1.1M common shares respectively of Mawson upon exercise of
certain convertible securities.
Mawson currently has 49.7M shares
outstanding.
Mr Hudson comments: "Mawson is most fortunate to have these advisors in
a position to contribute to the Companys development.
Claude is one
of the worlds most experienced uranium exploration geologists and will
be a superb resource for us in terms of geological understanding and
exploration strategy.
Colin as a co-founder of a highly respected
resource fund brings invaluable geological and business planning skills
to our team.
He is extremely well versed in the issues facing young
and growing companies as these form the core of Sentients portfolio.
Phillips background combines a broad and analytical understanding of
the uranium and gold industries, the public markets and extensive
corporate development experience."
About Mawson Resources Ltd (TSX:MAW, FRANKFURT:MRY, PINKSHEETS:MWSNF)
Mawson Resources Ltd is a resource acquisition and development company
with METAL and ENERGY interests.
Mawson has distinguished itself as the leading Scandinavian uranium
exploration company, with advanced projects in Sweden and Finland.
As
the European Union moves to reduce its reliance on carbon-based energy
sources and continues to debate energy security, Mawson is well
positioned to provide Europe with the option to fuel its future.
In addition, the Company is exploring for gold and copper in the highly
prospective Cordillera of Peru, with a focus on a new gold-copper
discovery at Alto Quemado.
With a strong cash position and a multi-jurisdiction European and South
American portfolio, Mawson is ideally positioned to enhance its status
as a leader in the uranium and gold industries.
Shares Outstanding: 49,747,253.
Cash: approximately C$14 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:
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
companys 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.
Mawson samples were analyzed by Au-ICP21, ME-MS41u, PGM-ICP27 and
ME-MS61u techniques by ALS Chemex Ltds laboratories in Pitea, Sweden
and Vancouver, Canada.
The qualified person for Mawsons Finnish
projects, Erkki Vanhanen, Finnish Exploration Manager for Mawson with a
designation of European Geologist for the European Federation of
Geologists (EFG), has reviewed and verified the contents of this
release.
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Copyright (c) 2010 MAWSON RESOURCES LTD.
(MAW) All rights reserved.
For more information visit our website at
http://www.mawsonresources.com or send mailto:
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