Awalé Resources Ltd.

Awalé Resources Ltd. following the recent announcement Awalé wishes to announce that it has received approval from the TSXV for an extension to April 14th for closing its brokered private placement of units as announced on January 30, 2023. The placement was originally priced at $0.155 per Unit, this has been reduced to $0.15 per Unit. AWALE RESOURCES LIMITED. "Glen Parsons" Glen Parsons, President and CEO About Awalé [...]

Awalé Resources Ltd. is pleased to provide the following assay results for scout drilling completed at the Charger and Sceptre East targets at its Odienné Project in Côte d'Ivoire. A total of nine holes for 1,292.2m were completed over initial geophysical and geochemical targets , with seven holes having intersected significant alteration and sulfide mineralization. Highlights from this drilling are summarized below [...]

Awalé Resources is pleased to announce that it has entered into an agreement with Beacon Securities, as sole agent in connection with a best efforts private placement of up to 9,678,000 units of the Company at a price of $0.155 per Unit for aggregate gross proceeds to the Company of up to $1,500,090. Each Unit shall consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant [...]

Awalé Resources Ltd. announces that the Company and Colossal Gold Resources Limited have mutually agreed to terminate the letter agreement dated September 12, 2022, as amended. The Company has made the strategic decision to prioritize the exploration and development of its core projects in Côte d'Ivoire, specifically those properties surrounding and along the structural setting from the Odienne JV area with Newmont [...]

Awalé Resources Ltd. is pleased to provide the following update on the recently-completed scout drilling at the Sceptre East and Charger Targets, Odienné Project, Côte d'Ivoire. A total of nine holes for 1,292.2m were completed over initial geophysical and geochemical targets, with seven holes having intersected significant alteration and sulfide mineralization. Assays are pending. Highlights An initial seven hole for [...]

Awalé Resources Ltd. is pleased to provide the following updates. Colossal Gold Acquisition Update The Company is in the process of finalizing the details of a financing to raise a minimum of gross proceeds of CAD$2,000,000 . Closing of the Private Placement is a condition of completion of Awalé's acquisition of Colossal Gold Resources Limited . The Company anticipates that the Private Placement will close in early [...]

Awalé Resources Ltd. or the "Company") is pleased to announce the Company has filed a technical report regarding the Northwest Goliath Project in Suriname. This prospective gold project, along trend from the Rosebel Mine in Suriname, forms part of the acquisition of Colossal Gold Resources Limited by Awalé pursuant to a letter agreement dated September 12, 2022 between Awalé, Colossal and the shareholders of Colossal. The [...]

Awalé Resources Ltd. is pleased to provide a further update on its acquisition of Colossal Gold Resources Limited . Colossal holds, through its wholly-owned Surinamese subsidiary, Consolidated Gold Resources N.V., a 100% interest in certain existing mineral exploration and exploitation licences in Suriname. The Company received TSX Venture Exchange acceptance of the Acquisition on September 28, 2022 and obtained the [...]

Awalé Resources is pleased to announce the strengthening of its Board of Directors with the appointment of Mr. Robin Birchall as independent Non-Executive Chair with immediate effect. Mr. Birchall brings more than twenty years of experience in the financing and management of resource companies. Mr. Birchall was most recently Chief Executive Officer & Director at Giyani Metals Corp. Before that he was the Executive Chair [...]

VANCOUVER, BC, Nov. 28, 2022 /CNW/ - Awalé Resources Ltd. is pleased to announce results from ground geophysical surveys and multielement soil geochemistry undertaken at the Lando Iron Oxide Copper Gold Target on the Odienné Project in Côte d'Ivoire . The IP survey has delineated a significant 4km long chargeable resistive anomaly that conforms with a high order Cu-Au footprint from soil geochemistry. The anomalism is [...]