VANCOUVER, BC , Jan. 30, 2023 /CNW/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) announces that the Company and Colossal Gold Resources Limited (" Colossal ") have mutually agreed to terminate the letter agreement dated September 12, 2022 , as amended (the " Agreement ") (refer to the Company's news releases of September 13 , October 11, November 8 , December 1 and December 20, 2022 for further details of the Agreement).