Mawson Gold Ltd V.MAW

Alternate Symbol(s): MWSNF

Metals & Mining Gold

Mawson Gold Limited is a Canada-based Nordic exploration company. The Company is engaged in gold/uranium exploration. The Company holds the Skelleftea North gold discovery and a portfolio of historic uranium resources in Sweden. The Company owns or controls three high-grade, historic epizonal goldfields covering approximately 470 square kilometers (km2) in Victoria, Australia. Its Australian projects include Sunday Creek, Whroo and Redcastle. It has the right to earn in 85% of the Skelleftea North Gold Project, which consists of approximately 2,500 hectares (ha) of contiguous 100%-owned claims. The Company holds six exploration licenses, which cover over 16,138 ha. All these exploration licenses are granted and are located through central and northern Sweden to explore for zirconium, scandium, yttrium and lanthanum and other lanthanides (rare earths) (Euro Canna projects). The Euro Canna projects also host the majority of Sweden's conventional hardrock historic uranium resources.

TSXV:MAW - Post by User

Mawson Gold Ltd > SXG going nuts down under

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Comment by Heywood_Silverson May 10, 2024 11:54am

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Post# 36033722

RE:RE:RE:RE:RE:SXG going nuts down under

The total share count went up about 10 million due to the recent capital raise, however, MAW maintained their 51% pro-rata ownership.

We are still looking at about 1 share of SXG for every 3 shares of MAW you own.

Using SXG price of $3.21 @.66 to convert from aussie dollar to USD = $2.12, which divided by 3 = 70 cents USD. The current ask for MWSNF is only 64 cents. The arbitrage will lessen considerably once the distribution of the SXG shares becomes definitive after a shareholder vote.

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