Mawson West Announces Corporate Restructuring - Seite 2

No impact on the Galena financing package

As previously announced, Mawson West will hold an extraordinary general meeting of shareholders to approve components of the Galena financing package on 25 February 2015 in Perth, Western Australia. Mawson West shareholders will shortly receive a notice of general meeting, explanatory memorandum (including the accompanying independent's expert's report) and management information circular, containing additional information about that general meeting. These materials are currently available on Mawson West's profile on SEDAR and on its website.

Mawson West confirms that the changes to the executive team have no impact on the Galena financing package and the independent expert has confirmed that the changes do not alter its opinion.

About Mawson West Limited

Mawson West is a copper and silver-focused resource company listed on the Toronto Stock Exchange (TSX) and based in Perth, Australia.

The Company's two key projects are the Dikulushi copper-silver mine, which was recently placed on care and maintenance, and the Kapulo copper mine located in the Katanga province in South Eastern DRC. Mawson West has a significant land holding of approximately 7,300km² in the DRC's rich copper belt.

About Galena Asset Management

Galena Asset Management S.A. is a Switzerland based fund manager operated by independent specialist management as part of the Trafigura Group. Galena seeks to draw on the commodity, metals and mining and technical expertise of the Trafigura Group in managing a number of fund products. The final fundraise for Galena closed in September 2014 and it is a US$400 million closed end Cayman Islands limited partnership designed to invest in the natural resources sector. Galena invests in late stage and producing assets in a variety of jurisdictions and commodities around the globe.

Forward-looking statements

This news release contains certain "forward looking statements". These statements reflect management's current beliefs with respect to future events and are based on information currently available to management of the Company. Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including (without limitation) the risks identified in the "Risk Factors" section of the Company's Annual Information Form and other public filings (copies of which may be obtained at www.sedar.com). The results or events depicted in these forward-looking statements may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release.

Mawson West Limited
Anthony Lloyd
Chairman / Acting CEO
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Mawson West Limited
Mark Di Silvio
Chief Financial Officer
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MAGNUS Investor Relations
Kusal Meemeduma
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Roth Investor Relations Inc.
Michelle Roth
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