Awalé Announces Appointment of Key Personnel
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce the strategic appointment of personnel, strengthening the Company's leadership team as it advances the Odienné Project in Côte d'Ivoire toward becoming an exceptional mining camp. Andrew Chubb, CEO of Awalé Resources, commented, "I am delighted to welcome a group of skilled and seasoned professionals to the Awalé team. Awalé is moving into an...
2024-08-22 7:00 AM EDT
Awalé Hits 20 g/t Gold over 29m at the Charger Prospect, Odienné Project
HIGHLIGHTS 20 g/t gold over 29m, 580 gram meters gold from 149m downhole in OEDD-88Including 39.5 g/t gold over 8m from 149m downhole OEDD-88's mineralization is well distributed across the reported intersection without any significant nugget effect Mineralization is 50m SSW of previously reported 46 g/t gold over 32m in OEDD-83 Drilling confirms these breccia zones are linked to OEDD-83 mineralization, indicating potential for increased high-grade gold volume with further drilling Three...
2024-07-31 7:00 AM EDT
Awalé Resources Announces Board Changes
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or the "Company") is pleased to welcome two new members and the appointment of current member Stephen Stewart as Chair of the board of directors. Mr. Robin Birchall and Mr. Derk Hartman will be stepping down from their positions, allowing for Awalé to welcome Mr. Anthony Moreau and Mr. Karl Akueson as new directors. Andrew Chubb, CEO of the Company, commented: "We welcome these changes to our...
2024-05-16 6:38 AM EDT
Awalé Resources Announces Newmont Advances to Phase 2 of Earn-In on the Odienné Project JV
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company"), is pleased to announce Newmont has progressed to Phase 2 of the Earn-In agreement over the Odienné Joint Venture Project. This is a significant milestone that underscores the ongoing success and potential of the Odienné Gold-Copper Project through which Newmont could earn a further 14% interest (for a total 65% interest) via 10 million in exploration expenditure and defining...
2024-05-15 8:45 AM EDT
Awalé Announces Closing of C$11.5 Million "Bought Deal" Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - May 8, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") is pleased to announce that it has closed the bought-deal private placement initially announced on April 17, 2024 (the "Offering"). The Company issued 18,549,500 units ("Units") of the Company (which includes 2,419,500 Units issued pursuant to the exercise in full of the over-allotment option) at a price of C$0.62 per Unit for aggregate gross proceeds of $11,500,690. The...
2024-05-08 10:12 AM EDT
Awalé Announces Update for Shareholder Participation Right
Toronto, Ontario--(Newsfile Corp. - April 19, 2024) - Further to the news release of April 17, 2024, Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") announces further details and an increase regarding the participation right of its current shareholder. The shareholder has the right to maintain its percentage holding post offering. In order to account for the full Underwritten Offering (including the Underwriter Option), a maximum of approximately 3,989,323 Units (as defined herein)...
2024-04-19 8:47 AM EDT
Awalé Resumes Drilling at the Charger Prospect on the Odienné Project Joint Venture
Toronto, Ontario--(Newsfile Corp. - April 5, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company"), is pleased to announce the commencement of a 3,000 metre diamond drilling program over the Charger Prospect at the Odienné project. The drilling is planned to follow up to the recently announced 26 g/t gold over 57m, including 45.7 g
2024-04-05 6:00 AM EDT
Awalé Hits 45.7 g/t Gold over 32m at the Odienné Project
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2024) - Awalé Resources Limited (TSXV: ARIC) (the "Company" or "Awalé") is delighted to report outstanding assay results at the Odienné Project of
2024-03-25 6:00 AM EDT
Awalé Hits Multiple Shallow High-Grade Intercepts, Including 2.4 g/t AuEq over 75 Meters at the Odienné Project
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is delighted to report significant assay results at the Odienné Project. The BBM Zone is a grassroots discovery announced in
2024-03-18 8:00 AM EDT
Awalé Resources Announces Completion of Drilling at the Odienné Project
Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is pleased to announce that we have recently completed a 21 hole 3932m Diamond drill program that commenced in late December 2023. Initial assay results from drilling are expected in March, samples were batch sent to the laboratory during drilling and the BBM target will be
2024-02-29 8:00 AM EST
Awale Resources Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") wishes to announce that it has granted an aggregate 1,450,000 stock options to directors/officers, employees and consultants with an exercise price of C$0.12. An aggregate 350,000 of the options are subject to vesting and all but 100,000 of the remaining options (1,350,000) granted have a 5 year term with an expiry of February 6, 2029. The remaining 100,000...
2024-02-14 3:15 AM EST
Awalé Announces New Gold Discovery on the Odienné Project
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce a new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire. BBM is a significant new greenfield discovery for the Company and has excellent scope for rapid expansion. In addition to the new discovery, further significant results with visible gold have been returned for the Charger Target and new mineralization...
2024-01-11 9:00 AM EST
Awale Commences New Diamond Drill Program at the Odienné Copper-Gold Project, Secures Additional JV Funding with Newmont
Toronto, Ontario--(Newsfile Corp. - December 27, 2023) - Awalé Resources (TSXV: ARIC), is pleased to announce the commencement of a 4000-meter diamond drilling program at the Odienné joint venture project with Newmont. This is a continuation of the Awalé's strategy of exploring and developing high-grade gold and copper-gold deposits in the fertile Odienné region of Côte d'Ivoire. Additional Funding from Newmont
2023-12-27 8:30 AM EST
Awale Closes Private Placement with Newmont
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that it has closed its previously announced non-brokered private placement (December 1, 2023) with Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, to raise gross proceeds of C$957,530.89. The proceeds from the private placement will be used to initiate greenfield exploration on the Odienné project permits, which lie...
2023-12-19 8:30 AM EST
Awale Signs Investment Agreement for Non-brokered Private Placement with Newmont
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2023) - Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that Awalé and Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange ("Exchange") acceptance, have entered into an Investment Agreement (the "Agreement") for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the issuance of (i)...
2023-12-01 9:11 PM EST