Awalé Resources Ltd. is pleased to announce that it has entered into a binding letter agreement dated September 12, 2022 with Colossal Gold Resources Limited and the shareholders of Colossal to acquire 100% of the issued share capital of Colossal . In consideration for the Colossal Shares, Awalé will issue to the Sellers an aggregate of 21,663,138 [...]
Awalé Resources Ltd. is pleased to announce that as part of its first-mover advantage and strategy in northeast Côte d'Ivoire, the Company has applied for a further 2 exploration permits located to the northwest of, and along trend from, the Odienné Iron Oxide Copper Gold Joint Venture . The Odienné Project is subject to an earn in joint venture [...]
VANCOUVER, BC, Aug. 23, 2022 /CNW/ - Awalé Resources Ltd. is pleased to provide the following update on ongoing exploration activities at the Odienné gold-copper project in Cote D'Ivoire . The Odienne Project is subject to an earn in joint venture agreement with Newmont Ventures Limited . The JV is now fully operational, and the Company is pleased [...]
Awalé Resources Ltd. is pleased to provide the following update on ongoing exploration activities at the Odienné gold-copper earn-in Joint Venture project in Cote D'Ivoire. The Odienné project is subject to an earn-in joint venture agreement with Newmont Ventures Limited , through which Newmont retains the option to earn-in to a 65% interest, from [...]
Awalé Resources Ltd. is pleased to announce that the company has expanded its exploration footprint and focus in the Odienné Iron Oxide Copper Gold district in Côte d'Ivoire. The expansion is executed through an option to purchase agreement with Turaco Gold Limited over the PR 840 "Sienso" permit in Côte d'Ivoire . The new 326 km2 granted permit [...]
Awalé Resources Ltd. is pleased to announce the closing of the previously announced private placement as part of a transaction with Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation . The Transaction as disclosed below, comprises a Private Placement and an Exploration Agreement on the Odienné Project, Côte d'Ivoire dated [...]
Awalé Resources Ltd. is pleased to announce that Newmont Ventures Limited, a wholly owned subsidiary of Newmont Corporation , has agreed, subject to certain closing conditions including Toronto Stock Exchange approval, to make a strategic investment in Awalé and enter into an exploration agreement with venture option on the Company's Odienné [...]
Awalé Resources Ltd.. is pleased to announce that it has completed the 1st tranche of its non-brokered private placement as announced March 22, 2022, for 4,032,500 units at a price of $0.20 per unit raising gross proceeds of $806,500. The proceeds of the Offering are to be used for ongoing exploration expenditure on its Odienne project in Côte [...]
Awalé Resources wishes to announce that following the news release dated Nov 10, 2021, regarding the non brokered private placement, the terms of which have now been revised on the basis that each Unit now offered at $0.20 will consist of one common share and one-half share purchase warrant; each whole share purchase warrant will be exercisable at [...]
Awalé Resources Ltd. is pleased to announce that infill and follow up soil and termitaria geochemistry on the 5km long Sceptre Iron-Oxide Copper-Gold target, Odienné Project, has refined the anomaly into 2 significant high tenor copper-gold IOCG targets . The two Sceptre Cu-Au targets are now ready for follow up geophysics and maiden drilling in [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 218,249 payment shares at an effective price of around C$0.23 in settlement of C$49,673.27 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited as originally announced April 12, 2021. Pursuant to the MoU's, US$1 [...]
Awalé Resources Ltd. announces that further to its November 4, 2021 news release, its share consolidation on a 8:1 basis has been accepted and will be effective on December 6, 2021. All registered shareholders will be sent new certificates representing their share positions directly from the Company's transfer agent Computershare without any action [...]