ACCESSWIRE
21 Mar 2023, 20:31 GMT+10
VANCOUVER, BC / ACCESSWIRE / March 21, 2023 / Mawson Gold Limited ('Mawson' or the 'Company') (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces that its Board of Directors (the 'Board') has accepted the resignation of Mr. Ivan Fairhall as Chief Executive Officer and a Director of the Company effective immediately. The Board wishes to thank Mr. Fairhall for his services as CEO and looks forward to continuing to work with Mr. Fairhall as a consultant to ensure a smooth handover of affairs.
The Company further announces the appointment of Ms. Noora Ahola to the role of Interim CEO. Ms. Ahola joined Mawson in 2014 as Manager Environment, and has served as the Company's Environmental Director since 2016 and was appointed as Managing Director of the Company's wholly owned Finnish subsidiary, Mawson Oy, in 2020. Ms. Ahola's skills and technical experience has been instrumental in the day-to-day local operations in Finland. Working together with the Company's management and technical teams, Ms. Ahola's appointment as the Company's Interim CEO ensures minimal disruption in operations and continued focus on the long-term growth of the Company and its projects.
Mr. Michael Hudson, Executive Chairman, comments, 'On behalf of the Board, I would like to thank Ivan for his commitment and service to Mawson as CEO and Director, during which time we have successfully demonstrated the value already discovered at Rajapalot with the October 2022 PEA and undergone significant corporate transition with the spin out of Mawson's Australian assets into Southern Cross Gold Ltd. (ASX: SXG). We look forward to working with him as a consultant and wish him well in his future endeavors.
'We are very pleased to be appointing Noora to the role of Interim CEO. Noora not only leads Mawson's Finland operation, but is also an industry leader in the field of ESG and regulatory affairs. She will continue to grow and advance the Rajapalot gold-cobalt project to be not only a significant EU gold asset, but also a rare source domestically produced cobalt, critical to aid in the EU's stated energy transition objectives.'
About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)
Mawson Gold Limitedis an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with its 100% owned flagship Rajapalot gold-cobalt project in Finland, and right to earn into the Skellefteå North gold project in Sweden. Mawson also currently owns 51% of Southern Cross Gold Ltd (ASX:SXG) which in turn owns or controls three high-grade, historic epizonal goldfields covering 470 km2 in Victoria, Australia.
Forward-Looking Statement
Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading 'Risk Factors' in under the heading 'Risk Factors' in Mawson's most recent Annual Information Form filed on www.sedar.com. While these factors and assumptions are considered reasonable by Mawson, in light of management's experience and perception of current conditions and expected developments, Mawson can give no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise.
SOURCE: Mawson Gold Limited
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationWASHINGTON D.C.: In response to a safety warning issued by the US National Highway Traffic Safety Administration, Vietnamese electric vehicle ...
NEW YORK CITY, New York: Electric truck manufacturer Nikola Corp said that Nasdaq has delivered a delisting notice for not ...
MINNEAPOLIS, Minnesota: Reuters reported that after facing a backlash from customers, Target is pulling some products from its Pride Collection ...
LONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound ...
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan ...
WASHINGTON D.C.: On its website, the US Federal Trade Commission (FTC) has said it is probing Abbott Laboratories and other ...
CHICAGO, Illinois: Boosted by an ongoing shortage of previously owned houses on the market and a considerable drop in prices ...
Two veteran pitchers very familiar with the opponent are scheduled to go head-to-head Monday when the Pittsburgh Pirates visit the ...
After spinning their wheels during a 3-4 road trip through Ohio, the St. Louis Cardinals will try to regain traction ...
Averaging just 2.9 runs per game in May, the Cleveland Guardians will attempt to kickstart their offense when they open ...
Isaac Paredes homered and drove in four runs, and Wander Franco chipped in with two hits and two RBIs to ...
Goals off corner kicks by Fafa Picault and Teal Bunbury rallied host Nashville SC to a 3-1 victory against the ...