December 11, 2009
Mawson Resources Limited commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of Mawson’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the company no longer believes it is possible to consolidate its holdings with the State Reserve in the Don Benito area in a timely manner and is therefore surrendering its exploration leases. Mawson intends to increase its exposure in Finland and Sweden.
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