MAWSON GOLD LTD - MWSNF STOCK NEWS

Mawson Gold (MWSNF) announces that Southern Cross Gold (SXG) has received FIRB approval to acquire Sparr Nominees Pty through a Share Swap Agreement. The acquisition includes 921.22 hectares of agricultural properties and approximately AUD$18.75 million in cash. The deal involves issuing 22,088,670 SXG shares for 100% of Sparr's shares.

SXG currently owns 133.29 hectares of freehold land at the Sunday Creek Project. This acquisition will increase SXG's total landholding to 1,054.51 hectares. The transaction is expected to complete in the coming days and is considered critical for securing future pathways for the Sunday Creek project, which is developing as a significant gold-antimony discovery.

Mawson Gold (MWSNF) has announced key dates for its corporate restructuring initiatives. The company will distribute 100% of SUA Holdings shares to shareholders on January 10, 2025, at a 1:1 ratio. Following this, Mawson will implement a share consolidation at 1:3.1694 ratio and change its name to Southern Cross Gold Consolidated , trading under the new symbol 'SXGC' from January 16, 2025.

The company is also proceeding with the SXG Scheme of Arrangement to acquire remaining Southern Cross Gold shares, with implementation scheduled for January 24, 2025. Additionally, Mawson plans to dual-list on the ASX under symbol 'SX2', with trading expected to commence on January 16, 2025.

Mawson Gold welcomes Victoria's new Economic Growth Statement and Critical Minerals Roadmap, along with the approval of two mineral sands mines. The Critical Minerals Roadmap outlines a framework for developing Victoria's critical minerals sector, valued at approximately $200 billion. The strategy includes Critical Minerals Priority Development Zones and streamlined approval processes, with Environmental Effects Statement reviews targeted at 18 months.

The announcement highlights Victoria's historical significance in gold mining and its potential role in critical minerals, particularly antimony. With China controlling 80% of global antimony supply and implementing export restrictions, Victoria's antimony resources position it strategically to establish a Western supply chain for this critical mineral.

Mawson Gold announces significant drill results from its Sunday Creek Gold-Antimony Project, with exceptional findings including 186 meters at 8.8 g/t gold (uncut) and a remarkable 0.5 meters at 2,541.9 g/t gold intersection. The discovery hole SDDSC145 revealed eight distinct high-grade vein sets, with five being new discoveries outside the January 2024 exploration target area.

The project demonstrates increasing grades at depth, typical of Victorian epizonal deposits. Notably, about 20% of Sunday Creek's in-situ recoverable value comes from antimony, positioning it as a significant Western source amid China's recent export restrictions. The exploration program continues with fourteen holes being processed and five rigs actively drilling, with plans for 60,000m by Q3 2025.

Mawson Gold announces significant drilling results at the Sunday Creek Gold-Antimony Project through Southern Cross Gold (SXG). The key highlight is drill hole SDDSC141, which intercepted 5.5 metres at 25.4 g/t gold, including 1.4 metre at 101.1 g/t gold, extending mineralization 200 metres deeper than previous drilling.

The discovery reveals multiple high-grade gold and antimony zones following a 'ladder' structure, with at least 66 mineralized 'rungs' identified. The project's antimony content represents approximately 20% of in-situ recoverable value. SXG is operating five drill rigs, with a sixth arriving in December 2024, planning 60 km of drilling over the next year.

Mawson Gold reports results from five navigational diamond drill holes at the Rising Sun prospect, Sunday Creek Gold-Antimony Project. The NAVI drill program successfully demonstrated predictability of mineralized structures and grade consistency. Key highlights include intercepts of 1.3 m @ 52.6 g/t AuEq from 730.0 m and 0.3 m @ 81.4 g/t AuEq from 674.3 m. The program discovered additional gold-antimony mineralized vein sets and confirmed geological continuity. Currently, 60 km of diamond drilling is planned over the next year, with twelve holes being processed and five in progress. Mawson owns 48.7% of Southern Cross Gold, valued at A$296.5 million.

Mawson Gold (MWSNF) announced the results of its annual general and special meeting, where shareholders approved all resolutions. Key approvals include: a plan of arrangement to distribute 100% of SUA Holdings shares (holding Swedish uranium assets) to shareholders, and changes in management connected to the scheme implementation agreement with Southern Cross Gold (SXG). Following the scheme completion, Mawson will undergo a 3.1694:1 share consolidation, change its name to Southern Cross Gold Consolidated , and trade under ticker 'SXGC'. The company currently owns 48.70% of SXG shares and aims to acquire the remaining shares through an Australian scheme of arrangement.

Mawson Gold announces significant discovery at its Sunday Creek Gold-Antimony Project through Southern Cross Gold, extending mineralization by 260 meters west. Key highlights include exceptional drill results from the Christina mine area, with intersections of 1.7m @ 250.8 g/t Gold and 1.7% Antimony, representing the project's seventh-best intersection. The discovery expands the known strike length by 19% to 1,350 meters, establishing Christina as the fourth high-grade gold-antimony prospect. The project maintains aggressive exploration with 60 km of planned diamond drilling, utilizing five operational rigs with a sixth due in November 2024. Mawson owns 48.7% of SXG, valued at approximately A$312.0 million.

Southern Cross Gold (SXG) has agreed to acquire the remaining 30% interest in the Redcastle gold-antimony Joint Venture from Nagambie Resources for A$250,000. The acquisition eliminates royalty obligations and concludes the JV. The Redcastle project, located 120 km north of Melbourne, features 17 km of undrilled reef systems with historical high-grade gold production dating back to 1850s. Mawson Gold, which owns 48.7% of SXG (valued at A$313.0 million), will benefit from this consolidation. The project has shown promising results with grades up to 704 g/t Au and 24.7% Sb at the Laura prospect, where historic mines produced 20,583 oz at 254.6 g/t Au.