News Release

Mawson Resources Limited To Trade On Toronto Stock Exchange

February 8, 2008

Mawson Resources Limited (the "Company") – An application has been granted for the original listing in the Mining category of 45,673,802 common shares of the Company, of which 36,500,555 common shares are issued and outstanding, and 9,173,247 common shares are reserved for issuance.

The common shares of the Company will be listed and posted for trading at the opening on Tuesday, February 12, 2008.

The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.

Common Shares:
Stock Symbol: "MAW"
CUSIP: 57773D 10 6
Trading Currency: CDN

Designated Market Maker: Hampton Securities Limited

Other Markets: The common shares of the Company have been listed on TSX Venture Exchange since October 29, 2004 under the Symbol: MAW, and on Frankfurt Stock Exchange since March 14, 2005 under the Symbol: MRY. The common shares will be delisted from TSX Venture Exchange on February 12, 2008, upon commencement of trading on TSX.

Head Office Address: 1305 – 1090 West Georgia Street
Vancouver, BC
V6E 3V7

Website: www.mawsonresources.com

Email: ndemare@chasemgt.com

Head Office Telephone Number: (604) 685-9316

Fax Number: (604) 683-1585

Investors Relations: Nick L. Nicolaas
Tel: (604) 657-4058
Email: nick@mininginteractive.com

Chief Financial Officer: Nick DeMare

Corporate Secretary: Mariana Bermudez

Incorporation: The Company was incorporated on March 10, 2004 under the Company Act (British Columbia) and was transitioned to the new Business Corporations Act (British Columbia) on April 16, 2004.

Fiscal Year End: May 31

Nature of Business: The Company is engaged in the exploration for uranium Sweden, Spain and Finland. The principal properties of the Company are all located in Sweden, the Kläppibäcken, Duobblon and Tåsjö properties.

Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal offices in Vancouver and Toronto.

Dividends: The Company has not paid any dividends or made any distributions since incorporation. The Company does not anticipate paying dividends in the foreseeable future.