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Mining

Mawson Resources welcomes experienced executive as director to leverage growth

His CV includes roles in corporate development, sell-side research, and fund management

Mawson Resources Ltd (TSE:MAW) has welcomed experienced mining sector and finance executive Philip Williams to its board of directors with immediate effect to grow the business.

His CV includes roles in corporate development, sell-side research, in fund management and most recently in investment banking focused on metals and mining.

Michael Hudson, Mawson's chairman and chief executive, said: "Having known and worked with Phil over many years in his earlier roles, I am delighted to welcome him to the Mawson Board.

"Mawson will benefit from Phil's analytic and strategic skills and his long and respected experience in the Canadian and US capital markets.

"Phil's demonstrated track record will aid the company to grow further, by leveraging its current exploration success in Finland."

In late 2008, Williams joined Pinetree Capital, a natural resource focused investment fund, as VP business development.

In 2012, he joined Dundee Capital Markets (now Eight Capital) in the investment banking group.

As a Managing Director, he successfully completed equity financings across a wide range of commodities and was a named advisor on multiple M&A transactions, Mawson told investors.

Last month, Mawson said it had discovered a new zone of gold at shallow depth at its Raja prospect that was open with a strike length of at least 200 metres.

The discovery came from a programme of ten additional diamond drill holes drilled this winter at Rajapalot in Northern Finland.

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