Awalé Resources Limited is finalizing a CAD$2 million financing for its acquisition of Colossal Gold Resources, with completion expected by January 31, 2023. The company also completed initial scout drilling at its Odienné JV project in Côte D'Ivoire, with results anticipated by late January and February 2023, respectively.

VANCOUVER, BC , Dec. 15, 2022 /CNW/ - Awalé Resources Limited (" Awalé ") or the " Company ") (TSXV: ARIC) is pleased to announce the Company has filed a technical report (the " 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 (" Colossal ") by Awalé (the " Acquisition ") pursuant to a letter agreement dated September 12, 2022 between Awalé, Colossal and the shareholders of Colossal. 

VANCOUVER, BC , Dec. 1, 2022 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to provide a further update on its acquisition (the " Acquisition ") of Colossal Gold Resources Limited (" Colossal ") (refer to the Company's news releases of September 13 , October 11 and November 8, 2022 , for further details). 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.

VANCOUVER, BC , Nov. 29, 2022 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC) 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.

VANCOUVER, BC , Nov. 28, 2022 /CNW/ - Awalé Resources Limited (" A walé " or the " Company ") (TSXV: ARIC) is pleased to announce results from ground geophysical surveys (" Induced Polarization " or " IP ") and multielement soil geochemistry undertaken at the Lando Iron Oxide Copper Gold ("IOCG") Target on the Odienné Project in Côte d'Ivoire.

VANCOUVER, BC , Nov. 8, 2022 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to announce the results of the Annual General Meeting as well as shareholder approval of the acquisition of Colossal Gold Resources Limited ("the Acquisition") and its gold projects in Suriname.

VANCOUVER, BC , Nov. 1, 2022 /CNW/ - Awalé Resources Limited (" A walé " or the " Company ") (TSXV: ARIC) is pleased to announce that initial results from the ground geophysical surveys (" Induced Polarization " or " IP ") undertaken at the Sceptre East Iron Oxide Copper Gold "IOCG" Target on the Odienné Project in Cote d'Ivoire have now been received (Figure 1). The IP surveys have identified extensive chargeability anomalies, interpreted by the Company to represent buried sulfide-bearing bodies. The chargeability highs are spatially coincident with copper-gold geochemical anomalies and represent compelling priority drill targets. Initial scout drilling of these targets is currently expected to begin in December 2022.

VANCOUVER, BC , Oct. 25, 2022 /CNW/ - Awalé Resources Limited (" A walé " or the " Company ") (TSXV: ARIC) is pleased to provide the following update on ongoing exploration activities at the Odienné gold-copper project in Côte d'Ivoire (Figures 1 and 2). The Odienné Project is subject to an earn in joint venture agreement ("JV") with Newmont Ventures Limited ("Newmont").

VANCOUVER, BC , Oct. 13, 2022 /CNW/ - Awalé Resources Limited (" A walé " or the " Company ") (TSXV: ARIC) is pleased to report that a ground geophysics (Induced Polarization, or 'IP') survey has commenced at the Odienné gold-copper Joint Venture ("JV") project in Cote D'Ivoire (Figure 1). The Odienné Project is subject to an earn in joint venture agreement with Newmont Ventures Limited ("Newmont") ( see Company News Release dated May 31, 2022 ).

VANCOUVER, BC , Oct. 11, 2022 /PRNewswire/ - Awalé Resources Limited ("Awalé") or the "Company") (TSXV: ARIC) is pleased to announce that, further to the Company's news release of September 13, 2022 , the TSX Venture Exchange ("TSXV") has conditionally accepted the acquisition of Colossal Gold Resources Limited ("Colossal") by Awalé (the "Acquisition") pursuant to a letter agreement dated September 12, 2022 , (the "Agreement") between Awalé, Colossal and the shareholders of Colossal (the "Sellers").