Mawson West Ltd Ord MWSWF

RE:Acquisition Status Update

[axim888]

Got the cash in my acct recently (didn't notice it till I called in today to my broker). This is what I got from my broker electronically:

CORPORATE ACTION NOTICE

December 13, 2016

Security Description: Mawson West Limited

Symbol (Market): MWE (TSX)

CUSIP: Q5970D108

Corporate Action Event: Mandatory – Plan of Arrangement

Effective Date: November 22, 2016

Payable Date: Upon Receipt

TERMS AND CONDITIONS:

Please be informed that the Plan of Arrangement between Mawson West Limited and Galena Asset

Management Limited became effective on November 22, 2016. As a result, holders will receive

approximately $0.01 CAD for each ordinary share of Mawson West Limited held.

IMPORTANT:

If the payment is denominated in a currency other than that specified by your account at the time of

payment, we will convert the payment at our prevailing exchange rate and credit your account the funds in

the currency of that account. We and/or parties related to us may earn revenue from such transactions.

For US Residents: You now have the option of making a specific tax lot selection for your covered

securities being sold. If we have not received your instruction prior to the effective date of the corporate

action, the default accounting method used to calculate the cost basis for your security transactions will be

First–In, First-Out (FIFO) as per the IRS.

As this Corporate Action may impact your investment portfolio, we would suggest you carefully read this notice.

You may wish to consult your tax advisor as there may be tax consequences regarding this security. Should you

require clarification of the terms or conditions, please contact your account representative by telephone. Please

note that the information contained in this notice is compiled from sources believed to be reliable, but not

guaranteed.