VANCOUVER, BC, Jan. 6, 2022 /CNW/ - Awalé Resources Ltd. (TSXV: ARIC) (the "Company" or "Awalé") 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 ("MoU") with Geodrill Limited (TSX: GEO) ("Geodrill") as originally announced April 12, 2021.