2007 News Releases

April 16, 2007

Stock Option Grant

Vancouver, Canada - Mawson Resources Limited ("Mawson") TSXv -- MAW; Frankfurt - MRY. Michael Hudson, President & CEO, announces that on April 16, 2007, Mawson granted to its directors, officers, and IR consultants 970,000 stock options to purchase common shares at a price of $2.10 per share for 3 years.

On behalf of the Board,
"Michael Hudson"
Michael Hudson, President & CEO

Forward-Looking Statement. This news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Neither the TSX Venture Exchange nor the Frankfurt Deutsche Börse have reviewed the information contained herein and, therefore, do not accept responsibility for the adequacy or accuracy of this news release.