SENTIENT IV ACQUIRES COMMON SHARES OF MAWSON RESOURCES LIMITED

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
AND NOT FOR DISSEMINATION IN THE UNITED STATES

MONTREAL, June 27, 2011 /CNW Telbec/ - Sentient Executive GP III, Limited ("Sentient III") announces that Sentient Executive GP IV, Limited ("Sentient IV") has acquired control over 2,343,900 common shares (the "Purchased Shares") of Mawson Resources Limited ("Mawson") on June 22, 23 and 24, 2011, representing approximately 4.54% of the outstanding common shares of Mawson. Sentient IV is a related entity of Sentient III, an insider of Mawson, which may be considered as acting jointly or in concert with Sentient III under relevant securities laws.

Sentient III has control or direction over 5,402,300 common shares of Mawson (representing approximately 10.46% of the outstanding common shares of Mawson), and the right to acquire 2,500,000 common shares of Mawson through 2,500,000 non-transferable common share purchase warrant of Mawson (each common share purchase warrant, a "Mawson Warrant"). Each Mawson Warrant entitles the holder thereof to acquire a common share of Mawson of $1.20 per share. The Mawson Warrants are exercisable until October 25, 2012.

In the event all of the 2,500,000 Mawson Warrants are fully exercised, Sentient III would acquire control over a maximum of 7,902,300 common shares of Mawson (including the 5,402,300 common shares of Mawson over which Sentient III has control or direction). These combined holdings would represent approximately 14.59% of the outstanding common shares of Mawson, calculated on a partially diluted basis assuming the full exercise of the 2,500,000 Mawson Warrants only.

Sentient IV has control or direction over 2,400,000 common shares of Mawson, representing approximately 4.65% of the outstanding common shares of Mawson.

Sentient III and Sentient IV have control or direction over 7,802,300 common shares of Mawson, representing approximately 15.11% of the outstanding common shares of Mawson, and 2,500,000 Mawson Warrants. In the event all of the 2,500,000 Mawson Warrants are fully exercised, these combined holdings would represent approximately 19.03% of the outstanding common shares of Mawson, calculated on a partially diluted basis assuming the full exercise of the 2,500,000 Mawson Warrants only.

The acquisition of the Purchased Shares by Sentient IV took place over the facilities of the TSX. The weighted average cost per Purchased Share (excluding commissions) was approximately $1.8490.

Sentient IV acquired the Purchased Shares for investment purposes only and not with a view to materially affecting control of Mawson. Sentient III and its joint actors have no present intention of acquiring beneficial ownership or control over additional securities of Mawson.

SOURCE SENTIENT EXECUTIVE GP III LIMITED

For further information:

Please contact Sue Bjuro at (345) 946-0933.

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SENTIENT EXECUTIVE GP III LIMITED

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