VANCOUVER, Aug. 28, 2019 /CNW/ - Awalé Resources Limited. (ARIC-TSX.V) (the "Company" or "Awalé") is pleased to announce, subject to Exchange approval, that it has negotiated a non-brokered private placement ("the "Offering") of 18,998,700 Shares at a price of CDN $0.09 per share. Gross proceeds of CDN $1,709,883 will be used for ongoing exploration expenditure on its projects in Cote D'Ivoire and for general overhead and operating expenses.