Awalé Resources is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 16,130,000 units of the Corporation at a price of C$0.62 per Unit for gross proceeds of [...]
Highlights: New drill program is now underway at Charger following up on Awale's recent drill intercept of 26 g/t gold over 57m, including 45.7 g/t gold over 32m from 165m downhole A second rig will soon commence drilling at the BBM Prospect to follow up on its 75m @ 2.4 g/t gold equivalent intercept Drilling is fully funded by Newmont Awalé [...]
HIGHLIGHTS 26 g/t gold over 57m, 1487 gram meters gold from 164m downhole in OEDD-83 Including 45.7 g/t gold over 32m @ from 165m downhole Mineralization is consistently high grade throughout the reported interval One of the highest-grade gold intersections in Africa in decades A follow-up drill program is scheduled to begin in April, with 25,000 [...]
HIGHLIGHTS: 75m @ 2.4 g/t gold equivalent from 242m downhole* in OEDD-74 44m @ 2.5 g/t Au Eq from 131m downhole* in OEDD-65 40m @ 1.9 g/t Au Eq from 194m downhole* in OEDD-76 39m @ 1.6 g/t Au Eq from 60m downhole* in OEDD-64 Assay results from the Charger target are expected soon A follow-up drill program is scheduled to begin in April [...]
Highlights: 21-hole, ~4,000 metre drill program that began in December is now complete, with preliminary assays expected in March Drilling at BBM, Charger and Lando intercepted significant widths of alteration and mineralization A new video is now published highlighting the impressions of this drill program Awalé Resources Ltd.. is pleased to [...]
Awalé Resources Ltd.. 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 granted have a 5 year term with an expiry of February 6, 2029 [...]
Awalé Resources Ltd. 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 [...]
Highlights: 4,000 metre drill program on Awalé's Odienné now underway Awalé secured an additional USD 750,000 in joint venture funding from Newmont Corp. Final Drill results from Odienné's Summer Drill Program expected in early January Awalé Resources , is pleased to announce the commencement of a 4000-meter diamond drilling program at the Odienné [...]
Awalé Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with Newmont Ventures Limited , 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 [...]
Awalé Resources Ltd. is pleased to announce that Awalé and Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange acceptance, have entered into an Investment Agreement for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the [...]
VANCOUVER, BC, Oct. 27, 2023 /CNW/ - Awalé Resources Ltd. wishes to announce that it has issued the balance of 1,812,230 shares in settlement of outstanding debt. Requiring shareholder approval obtained on September 6th, the Company has issued an aggregate of 3,978,882 shares in settlement of $477,465 of debt. The recent shares issued are subject [...]
VANCOUVER, BC, Sept. 20, 2023 /CNW/ - Awalé Resources Ltd. is pleased to announce that at the Company's September 6, 2023 shareholder meeting, all resolutions were passed. As a result of the meeting, the Company's board of directors are: Charles Beaudry; Robin Birchall; Andrew Chubb; Derk Hartman and Stephen Stewart. Disinterested shareholders also [...]
