VANCOUVER, Jan. 16, 2018 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC), listed on the TSX Venture Exchange (the "Exchange"), reports that the Board has approved and granted an aggregate 970,000 stock options to employees and consultants with an exercise price of C$0.40 and an aggregate of 960,000 stock options to directors and officers with an exercise price of C$0.40.