News Releases

Search by keyword or filter by year

VANCOUVER, BC , May 13, 2021 /CNW/ - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is pleased to announce that it has completed the second tranche of its non-brokered private placement for 37,655,733 units at a price of $0.06 per unit raising gross proceeds of $2,259,344 . The proceeds of the Offering are to be used for ongoing exploration expenditure on its projects in Côte D'Ivoire and for general overhead, working capital and operating expenses.  The units consist of one common share and one-half share purchase warrant each whole warrant entitling the holder to acquire one additional common share at a price of $0.12 per share until expiry on May 13, 2023.
VANCOUVER, BC , May 3, 2021 /CNW/ - Awalé Resources Ltd. (TSXV: ARIC) (the "Company") wishes to announce that it closed the 1 st tranche of its non-brokered private placement financing with the issuance of 17,207,200 units for gross proceeds of $1,032,430.00 .  The 17,207,200 common shares issued pursuant to this closing are subject to a hold period expiring on August 28, 2021 and the 8,601,100 warrants issued forming part of the unit, are exercisable at $0.12 and will expire on April 27 , 2023.
VANCOUVER, BC , April 26, 2021 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC) is pleased to report that an initial 3000m , 30-hole drill program has commenced over the recently reported Empire Gap, Empire West and Charger targets at the Odienné Project (see Company News Release dated 23 rd March 2021 ). The Odienné Project drilling will then be immediately followed by a 3000- 5000m scout drilling program over new gold targets at the Bondoukou Project.
Canada NewsWire /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES / VANCOUVER, BC , April 23, 2021 /CNW/ - Awalé Resources Ltd. (TSXV: ARIC) (the "Company") wishes to announce that, subject to regulatory approval, the Company Vancouver, British Columbia has closed the first tranche of its non-brokered private placement financing as announced on March 31, 2021 , of up to 33,333,333 units at a price of $0.06 per unit for gross proceeds of up to $2,000,000.
VANCOUVER, BC , April 12, 2021 /CNW/ - Awalé Resources Ltd. (TSXV: ARIC) (the "Company" or "Awalé") is pleased to announce that it has entered into a binding Memorandum of Understanding ("MoU") with Geodrill Limited (TSX: GEO) ("Geodrill" ) for a US$1 million drilling for equity program on Awalé's Odienné and Bondoukou gold projects in Côte d'Ivoire.
VANCOUVER, BC , March 31, 2021 /CNW/ - Awalé Resources Ltd. (TSXV: ARIC) (the "Company") wishes to announce that, subject to regulatory approval, the Company intends to complete a non-brokered private placement of up to 33,333,333 units at a price of $0.06 per unit for gross proceeds of up to $2,000,000 .  Each Unit will consist of one common share and one-half share purchase warrant; each whole share purchase warrant will be exercisable at a price of $0.12 to purchase a common share of the Company until expiry 24 months from issuance.  The gross proceeds of the private placement will be used to fund further development of its Odienné and Bondoukou projects in Cote d'Ivoire and general working capital.
VANCOUVER, BC , March 23, 2021 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to announce an increase in the geochemical footprint of the high grade Empire Main gold discovery to a strike length of 900m , as well as a new greater than > 600m long high order gold anomaly at the Charger Target (Figures 1 and 2). Results reported in this release are from an 859 hole (4470 meter) auger drill program covering Empire West, Empire Gap and the new Charger target.
VANCOUVER, BC , March 10, 2021 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to report further exceptional gold results and confirmation of plunge continuity of mineralization from the final 5 holes of the Phase 2 drill program at the Empire gold discovery (Figures 1 & 2).
VANCOUVER, BC , March 2, 2021 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to announce the results of preliminary metallurgical testwork undertaken on 781 mineralized drill core samples from the Empire discovery, with exceptionally high (average 95.4%) gold recoveries being reported from LeachWELL TM bottle roll tests.
VANCOUVER, BC , Feb. 1, 2021 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to report further exceptional gold results from scout drilling over the Empire East extension targets (Figures 1 & 2). Assays reported in this release are from the final 15 scout RC holes ( 1,050m of drilling) drilled over gold in auger Anomaly 1, which commences 500 m E of the Empire Main discovery.

Receive Company News