Awalé Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation, to raise gross proceeds of C$957,530.89. The proceeds from the private placement will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general [...]
Awalé Resources Ltd. is pleased to announce that Awalé and Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange acceptance, have entered into an Investment Agreement for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the issuance of units with each Unit comprised of one common share in the capital [...]
VANCOUVER, BC, Oct. 27, 2023 /CNW/ - Awalé Resources Ltd. wishes to announce that it has issued the balance of 1,812,230 shares in settlement of outstanding debt. Requiring shareholder approval obtained on September 6th, the Company has issued an aggregate of 3,978,882 shares in settlement of $477,465 of debt. The recent shares issued are subject to a hold period trading restriction expiring February 21, 2024 [...]
VANCOUVER, BC, Sept. 20, 2023 /CNW/ - Awalé Resources Ltd. is pleased to announce that at the Company's September 6, 2023 shareholder meeting, all resolutions were passed. As a result of the meeting, the Company's board of directors are: Charles Beaudry; Robin Birchall; Andrew Chubb; Derk Hartman and Stephen Stewart. Disinterested shareholders also re-approved the Company's RSU and Stock Option Plans as well as approved [...]
Awalé Resources Ltd. is pleased to provide the following assay results for follow-up drilling completed at the Charger and Sceptre East targets at its Odienné Project in Côte d'Ivoire . 17 holes remain to be reported for the Charger, Lando, Sceptre Main and BBM targets. Strong news flow is expected to continue throughout August and September from these remaining targets as results are returned from the laboratory. This [...]
Awalé Resources Ltd. is pleased to provide an exploration update on the Odienné Project JV in Côte d'Ivoire. With Newmont funding a 3 million USD budget for 2023, the Company has undertaken an aggressive exploration campaign in the first half of the year at Odienné, that has culminated in 4859 m of drilling completed. The Company awaits a strong flow of results from this reverse circulation and diamond drilling which was [...]
Awalé Resources Ltd. is pleased to announce the completion of a detailed airborne magnetic and radiometric survey over Odienné East. The results from this survey highlight the potential of current drill targets as well as the upside potential of the Odienné Project. The survey has identified and enhanced the potential of the current drill targets within the project area, reveals their open-ended potential and highlights [...]
Awalé Resources Ltd. is pleased to announce that the first two drill holes completed at the Charger Target as part of its ongoing Odienné drill program have successfully intersected visible gold in extensions to previously reported intervals of high-grade gold-copper mineralization . The two step-back drill holes targeted mineralization underlying the 32m @ 3.0 grams per tonne Au / 96 gram-meter intercept reported in RC [...]
Awalé Resources Ltd. is pleased to announce it has commenced a 2500 metre RC and diamond drill program at its Odienné Project in Cote d'Ivoire. This program will follow-up on recent discoveries at the Charger and Sceptre East Targets, where significant intrusion related gold-copper mineralisation has been intersected . The Company also expects to undertake maiden drilling into the much anticipated Lando and Sceptre Main [...]
Awalé Resources Ltd. , a junior explorer focused on gold and copper exploration in Côte d'Ivoire, is pleased to announce the closing of its previously announced financings for gross proceeds of $2.36 million together with other significant developments that will propel the Company toward a new phase of growth and success. The financings include a $1.5 million non-brokered private placement, including $1 million by Orecap [...]
/ Awalé Resources Ltd. is pleased to announce that, subject to TSX Venture Exchange acceptance, it intends to settle additional outstanding accounts of CAD$231,428.96 to certain directors, officers and consultants of the Company through the issuance of an additional 1,928,575 common shares of the Company for an aggregate issuance of 4,011,908 Common Shares at a deemed price of CAD$0.12 per Settlement Share. 1,855,413 [...]
Awalé Resources Ltd. , announced today that it has been issued a Management Cease Trade Order by the British Columbia Securities Commission . The MCTO was issued following a request by Awalé as it became aware that the Company may not meet the deadline of May 1, 2023 to file its Audited Annual Financial Statements and Management Discussion & Analysis for the financial years ended December 31, 2022 and 2021 and the CEO and [...]
+1200,00 %
-91,67 %
