VANCOUVER, May 14, 2019 /CNW/ - Awalé Resources Limited. (ARIC-TSX.V) (the "Company" or "Awalé") is pleased to announce that it has completed its previously announced non-brokered private placement (the "Offering") of 8,096,300 common shares of the Company, at a price of $0.09 per share, raising gross proceeds of $728,667. The proceeds of the Offering are to be used for ongoing exploration expenditure on its projects in Côte D'Ivoire and for general overhead and operating expenses.