Mawson Finland Ltd. is pleased to confirm the closing of its previously announced brokered private placement financing for gross proceeds of C$6,000,000.50 from the issuance and sale of 3,157,895 common shares of the Company at a price of C$1.90 per Share . The Offering was led by Stifel Nicolaus Canada Inc. as agent . The Company paid to the Agent a cash commission of 6.0% of the gross proceeds of the Offering, other [...]
Mawson Finland Ltd. is pleased to announce that due to significant demand, it has entered into an agreement with Stifel Nicolaus Canada Inc. to upsize its previously announced "best efforts" private placement financing to up to C$6,000,000 in gross proceeds from the issuance and sale of up to 3,157,895 common shares of the Company at a price of C$1.90 per Share . The Company intends to use the net proceeds from the [...]
Mawson Finland Ltd. is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. to act as lead agent and sole bookrunner in connection with a "best efforts" private placement financing for aggregate gross proceeds of up to C$5,000,000 from the issuance and sale of up to 2,631,579 common shares of the Company at a price of C$1.90 per Share . The Company intends to use the net proceeds from [...]
Mawson Finland Ltd. is pleased to announce drilling results from the first 6 drillholes from the 2025 drilling season at the Company's wholly-owned Rajapalot gold-cobalt project in Finland . Highlights: 120 metre step-out discovery from Drillhole PAL0373 in South Palokas confirms the effectiveness of the project EM survey Further significant gold-bearing intercepts drilled in down-dip extensions at Palokas zone in PAL0380 [...]
Mawson Finland Ltd. is pleased to announce the mobilization of four diamond drill rigs, and a 'base-of-till' drilling rig to site, kicking-off the 2025 drill program at the Company's wholly-owned Rajapalot gold-cobalt project in Finland. Highlights: Four diamond drilling rigs mobilized to site this week to drill an estimated 12,000 to 15,000 metres at Rajapalot Substantially all of the program is dedicated to drilling for [...]
Mawson Finland Ltd. is pleased to announce that Mawson Finland Limited's 100% owned Finnish subsidiary, Mawson Oy, through which the Rajapalot project is managed, has successfully, and with high marks for performance passed the verification process of Finnish Standard for Sustainable Exploration. The verification process was finalized during December 2024. The mining industry's sustainability is monitored and developed [...]
Mawson Finland Ltd. is pleased to announce new soil geochemical results from the Company's wholly-owned Rajapalot gold-cobalt project in Finland . Highlights: A 2407 point extensive soil geochemical programme using the Ionic Leach analytical method has identified numerous areas of gold and cobalt enrichment across the larger 10,204 hectares tenement package in Finland Soil geochemical anomalies to be followed-up with [...]
Mawson Finland Ltd. is pleased to announce that our CEO Ms. Noora Ahola has been recognized with the prestigious Female Director of the Year award, a testament to her exceptional leadership and impact in the Lapland region of Finland. The award was presented to Ms. Ahola on December 10th 2024. The Lapland Chamber of Commerce award recognizes Ms. Ahola's dedication and relentless pursuit of excellence. The criteria for the [...]
Mawson Finland Ltd. is pleased to announce that our CEO Ms. Noora Ahola has been recognized with the prestigious Female Director of the Year award, a testament to her exceptional leadership and impact in the Lapland region of Finland. The award was presented to Ms. Ahola on December 10th 2024. The Lapland Chamber of Commerce award recognizes Ms. Ahola's dedication and relentless pursuit of excellence. The criteria for the [...]
Mawson Finland Ltd. is pleased to announcethe completion of the "first phase" of the Environmental Impact Assessment procedure for the Rajapalot Project in northern Finland. The EIA procedure is a requirement for obtaining a mining permit. Highlights: EIA Program completed - marking an important milestone for the EIA process and the ongoing development of the project Strong stakeholder support received from local [...]
Mawson Finland Ltd. is pleased to announce results from downhole electro-magnetic "DHEM" geophysical surveys conducted at the Rajapalot gold-cobalt project in Finland. Highlights: Results and interpretation from downhole EM surveys found multiple deep conductors at Rajapalot Several strong conductors are located down-dip/down-plunge of both the Palokas and South Palokas zones suggesting gold-cobalt mineralization [...]
Mawson Finland Ltd. is pleased to provide an exploration summary of the highly successful 38 hole, 11,376 metre 2024 exploration drilling programme at the Company's wholly-owned Rajapalot gold-cobalt project in Finland . Additionally, the balance of outstanding cobalt results are also presented. 2024 Drilling Highlights: Discovery of a new zone of high-grade mineralization, 'New Lens' , located in the footwall below the [...]
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