Awale Resources Ltd. News Releases

Awalé Defines New 4-Kilometre Gold Target at 100%-Owned Seydou Permit; Drilling Underway at the Fremen Discovery

Thu, 20 Aug 2026 07:00:00 -0400

Highlights:Seydou - A new 100%-owned gold target: Termitaria and soil geochemistry have defined a new coherent gold anomaly ("Anomaly 1") over approximately 4 kilometres on Awalé's wholly owned Seydou permit, with peak values of 514 ppb Au in termitaria and 214 ppb Au in soil.Right geological setting: Anomaly 1 lies along a regional-scale structure at the margin of a granitoid intrusive body, within a geological setting comparable to the BBM, Charger, and Fremen discoveries.Drilling underway:...

Awalé Appoints Michael Dorfman to Its Board of Directors

Mon, 10 Aug 2026 07:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 10, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce the appointment of Michael Dorfman to its Board of Directors (the "Board"). Mr. Dorfman replaces Karl Akueson, who has stepped down from the Board effective immediately."We are delighted to welcome Michael to the Board. His extensive experience in corporate development, strategic transactions, M&A, and capital markets, together...

Awalé Completes $20.7 Million Strategic Financing with Closing of Final Tranche

Thu, 06 Aug 2026 15:45:00 -0400

HighlightsAwalé completes its previously announced strategic financing with the closing of Newmont's equity investment.Newmont maintains its approximately 8.2% ownership in Awalé.Awalé now has over $36.5 million in cash, while Newmont continues funding the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - August 6, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce that it has closed the second and final tranche (the...

Awalé Closes $19 Million Strategic Investment by Predictive Discovery and Fortuna Mining

Tue, 28 Jul 2026 12:30:00 -0400

HighlightsAwalé closes approximately $19 million strategic financing with Predictive Discovery and Fortuna Mining.Predictive Discovery becomes third strategic shareholder, joining Fortuna Mining and Newmont.Over $35 million in cash, together with Newmont continuing to fund the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - July 28, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce that it has closed its previously...

Awalé Announces Exercise of Participation Rights by Fortuna Mining

Mon, 27 Jul 2026 17:00:00 -0400

HighlightsFortuna Mining will maintain its equity ownership in Awalé through the subscription of 5,695,312 common shares.Gross proceeds from the financing increase by approximately $4.84 million to approximately $19 million.Awalé is expected to have over $35 million in cash following closing, together with Newmont funding the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - July 27, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is...

Awalé Hits 43.7 g/t Gold Equivalent Below the BBM Open Pit with Initial Deeper Holes Pointing to Underground Growth

Mon, 20 Jul 2026 07:00:00 -0400

HighlightsThe first two holes drilled below the BBM open pit intersected strong gold mineralization, confirming the deposit continues at depth.These are the first two of twelve holes following BBM's high-grade core, which steepens at depth, down to 600 metres below surface. Results from the remaining ten holes are expected over the coming weeks.Results include:7m @ 7.21 g/t gold equivalent from 385m downhole, including 1m @ 43.68 g/t gold equivalent, the highest grade drilled to date at BBM...

Awalé Welcomes Predictive Discovery as a Strategic Investor

Tue, 14 Jul 2026 17:00:00 -0400

Highlights$14.15 million investment by Predictive Discovery for a 12.3% equity stake in Awalé.Reinforces Awalé as one of the premier gold exploration and development companies in Côte d'Ivoire and validates the quality of the Odienné initial Mineral Resource and its district-scale growth potential.Predictive Discovery is the third mining company to make a strategic investment in Awalé, joining Fortuna and Newmont.Awalé is expected to have over $30 million in cash post-closing, together with...

Awalé Files NI 43-101 Technical Report for the Odienné Project Mineral Resource Estimate

Fri, 03 Jul 2026 17:00:00 -0400

Highlights32.4 Mt grading 1.64 g/t gold equivalent ("AuEq.") for 1,707,000 ounces AuEq. inferred from combined open pit and underground resources, including 1,389,000 oz gold and 93,000 tonnes copper.Foundation resource for the Company with strong potential for growth.BBM forms the cornerstone deposit with combined open pit and underground resources of 27.8 Mt at 1.52 g/t AuEq. for 1.36 Moz AuEq.Charger defines a high-grade underground resource of 1.6 Mt at 4.64 g/t AuEq. for 232 koz AuEq.Empire...

Awalé Hits Multiple High-Grade Intervals Outside Current MRE at Charger 2, Including 18.0 g/t over 7 Metres

Wed, 03 Jun 2026 07:00:00 -0400

HighlightsNew high-grade intercepts at Charger 2, outside the current Charger MRE envelope:18.0 g/t gold over 7m within 9.2 g/t gold over 18m from 144m downhole (CHDD-24)14.1 g/t gold over 4m within 4.0 g/t gold over 16m from 153m downhole (CHDD-23)13.9 g/t gold over 2m from 177m downhole (CHDD-25)9.4 g/t gold over 2m from 240m downhole (CHDD-21)Results support potential for continued resource growth beyond the recently announced Charger MRE.Charger-style mineralization remains open along strike...

Awalé Strengthens Treasury to $18.8 Million Following Additional Warrant Exercises

Wed, 27 May 2026 07:00:00 -0400

Highlights:Approximately $18.8 million in cash on hand following the exercise of the remaining 5.5 million warrants from the May 24, 2023 financing, generating approximately $1.1 million in proceeds.Strong treasury supports accelerated exploration across Awalé's 100%-owned permits in Côte d'Ivoire.Continued support from insiders and strategic shareholder demonstrated through the exercise of approximately 5.2 million warrants by Chairman Stephen Stewart, Director Charles Beaudry, and Orecap...