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
Newmont Toronto, Ontario--(Newsfile Corp. - April 5, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company"), is pleased to announce the...
2024-04-05 6:00 AM EDT
Awalé Hits 45.7 g/t Gold over 32m at the Odienné Project
HIGHLIGHTS26 g/t gold over 57m, 1487 gram meters gold from 164m downhole in OEDD-83Including 45.7 g/t gold over 32m @ from 165m downholeMineralization is consistently high grade throughout the reported intervalOne of the highest-grade gold intersections in Africa in decadesA follow-up drill program is scheduled to begin in April, with 25,000 meters planned for 2024Vancouver, British Columbia--(Newsfile Corp. - March 25, 2024) - Awalé Resources Limited (TSXV: ARIC) (the "Company" or "Awalé")...
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
OEDD-64Assay results from the Charger target are expected soonA follow-up drill program is scheduled to begin in AprilVancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is...
2024-03-18 8:00 AM EDT
Awalé Resources Announces Completion of Drilling at the Odienné Project
Charger and Lando intercepted significant widths of alteration and mineralizationA new video is now published highlighting the impressions of this drill programVancouver, 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...
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
Newmont CorporationFinal Drill results from Odienné's Summer Drill Program expected in early JanuaryToronto, 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...
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