Vancouver, BC, March 25, 2022, Awalé Resources Limited. (ARIC-TSX.V) (the "Company" or “Awalé”) 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.