Arrowhead Business and Investment Decisions, LLC (“Arrowhead”) announced that it had published an updated Due Diligence Research and Valuation Report on Mawson Resources Limited ("Mawson" or "the Company”) on May 23rd, 2011.

A copy of the report is available on abid.co and at: http://abid.co/documents.php?document=1157685804

About Mawson Resources Limited (TSX:MAW; FRA:MRY)

Mawson Resources is a Toronto-and Frankfurt-listed gold and uranium exploration company with a sizable portfolio of gold and uranium exploration assets in Sweden and Finland, including the high-grade Rompas Gold and Uranium Project in Finland; and a 100% interest in the Alto Quemado Copper-Gold Project in Peru. The Alto Quemado Project and the Rompas Project are the main points of exploration focus with potential for mid- to long-term production. Mawson possesses considerable uranium resources with NI 43-101-compliant Uranium oxide (U3O8) resource estimates on three other properties in Sweden and Finland, totaling ~12.1MMlbs of inferred U3O8 and 3.3MMlbs of indicated U3O8 (see Mawson website for details).

Statements contained and linked to this news release are not historical facts they are forward-looking statements. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Forward-looking statements are based on the beliefs, estimates and opinions of Arrowhead analysts on the date the statements are made. Arrowhead undertakes no obligation to update these forward-looking statements if beliefs, estimates or opinions, or other factors, should change. The information contained and linked to this news release is purely factual and does not constitute a recommendation to buy or sell securities. Arrowhead received fees in 2010 and 2011 from Mawson Resources for the research costs and other services including publishing this report and investor relations services. Arrowhead is not responsible for any loss, financial or other, directly or indirectly linked to any price movement or absence of price movement of the securities described.

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