Awalé Announces Update for Shareholder Participation Right

Further to the news release of April 17, 2024, Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") announces further details and an increase regarding the participation right of its current shareholder. The shareholder has the right to maintain its percentage holding post offering. In order to account for the full ‎Underwritten Offering (including the Underwriter Option), a maximum of approximately 3,989,323 Units (as defined herein) at a price of $0.62 ‎per Unit may be issued to this shareholder for proceeds of approximately ‎‎$2,473,380, which is an increase of 1,021,403 ‎Units from the April 17, 2024 news release.‎ There is no assurance the shareholder will exercise the full participation right.‎ The Units are identical to those announced in the April 17, 2024 news release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Awalé Resources

Awalé is a diligent and systematic mineral exploration company focused on the discovery of large high-grade gold and copper-gold deposits. The Company undertakes exploration activities in the underexplored parts of Côte d'Ivoire. Awalé's exploration success to date has culminated in a fully funded earn-in Joint Venture with Newmont covering one permit and one application (the "Odienné Project JV"), where four significant gold and gold-copper-silver-molybdenum discoveries have been made.

The Odienné Project JV is located within Awalé's greater Odienné Copper-Gold Project (the "Project") which consists of 2462 km² of tenure in the Northwest of Côte d'Ivoire. The Newmont JV consists of 400km² of granted tenure and 400km² under application, or approximately ⅓ of Awalé's total holding in the district. The Company announced 26 g/t gold over 57m, including 45.7 g/t gold over 32m from 165m downhole at the Charger Prospect and the discoveries have significant scope for growth and resource development. The Project has multiple pipeline prospects that have similar geochemical fingerprints to Iron Oxide Copper Gold (IOCG) and intrusive related mineral systems that offers significant potential for district scale discoveries.

ON BEHALF OF THE BOARD OF

Awale Resources Limited

"Andrew Chubb"

Andrew Chubb, CEO For additional information you are invited to visit the Awalé Resources Limited website at www.awaleresources.com, or contact Andrew Chubb CEO (+356) 99139117, a.chubb@awaleresources.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws (collectively "forward-looking statements"). Forward-Looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-Looking statements in this press release include but are not limited to statements regarding, the Company's presence in Cote d'Ivoire and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, works on other properties, planned drilling, commencement of operations, the timing and completion of the Underwritten Offering, the exercise of the shareholder's participation right, the exercise of the Underwriter Option, the use of proceeds of the Offering and the receipt of ‎‎regulatory approvals for the Offering, including the approval of the TSX Venture Exchange‎.‎ Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedarplus.ca. Forward-Looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206177

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Awale Resources Limited ARIC:CA TSXV:ARIC Base Metals Investing

ARIC:CA

AWALÉ ANNOUNCES C$10 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 16,130,000 units of the Corporation (the "Units") at a price of C$0.62 per Unit (the "Offering Price") for gross proceeds of C$10,000,600 (the "Underwritten Offering").

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Awalé Resumes Drilling at the Charger Prospect on the Odienné Project Joint Venture

Highlights:

New drill program is now underway at Charger following up on Awale's recent drill intercept of 26 g/t gold over 57m, including 45.7 g/t gold over 32m from 165m downhole
A second rig will soon commence drilling at the BBM Prospect to follow up on its 75m @ 2.4 g/t gold equivalent intercept
Drilling is fully funded by Newmont

Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company"), is pleased to announce the commencement of a 3,000 metre diamond drilling program over the Charger Prospect at the Odienné project. The drilling is planned to follow up to the recently announced 26 gt gold over 57m, including 45.7 gt gold over 32m from 165m downhole in OEDD-83 at the Charger Prospect (see Awale news release March 25 2024). Additionally, a 4000m drill program for the BBM discovery (see Awale news releases January 11 2024 and March 18 2024) will commence with a second diamond drill rig in the ensuing weeks.

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Awalé Resources Announces Completion of Drilling at the Odienné Project

Highlights:

21-hole, ~4,000 metre drill program that began in December is now complete, with preliminary assays expected in March
Drilling at BBM, Charger and Lando intercepted significant widths of alteration and mineralization
A new video is now published highlighting the impressions of this drill program

Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is pleased to announce that we have recently completed a 21 hole 3932m Diamond drill program that commenced in late December 2023. Initial assay results from drilling are expected in March, samples were batch sent to the laboratory during drilling and the BBM target will be reported first followed by Charger and Lando. The drilling at BBM, Charger and Lando has intercepted target alteration and mineralization and results are eagerly anticipated.

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Fireweed Engages ICP Securities Inc. for Automated Market Making Services

Fireweed Metals CORP. (" Fireweed " or the " Company ") (TSXV: FWZ; OTCQX: FWEDF; FSE: M0G) is pleased to announce that it has engaged the services of ICP Securities Inc. (" ICP ") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. There are no performance factors contained in the agreement and no stock options or other compensation are being granted in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.

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Trident Royalties PLC Announces 2023 Full Year Results

Trident Royalties PLC (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, today announces its full year results for the year ended 31 December 2023. The Annual Report and Accounts for the year ended 31 December 2023 and Notice of the 2023 Annual General Meeting will be made available to download from the Company's website at www.tridentroyalties.com in due course

Chairman's Statement

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SKRR Exploration Enters into Share Exchange Agreement with Citizen Mining to Acquire the Bishop Lake Property in Saskatchewan

SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (" SKRR " or the " Company ") is pleased to announce that it has entered into an arm's length share exchange agreement (the " Agreement ") with Citizen Mining Corp. (" Citizen ") and each of the shareholders of Citizen (the " Vendors ") dated May 1, 2024 pursuant to which the Company will acquire (the " Acquisition ") all of the issued and outstanding shares of Citizen (the " Citizen Shares "), a private British Columbia incorporated company, that holds an option (the " Option ") to acquire a one hundred percent (100%) interest in and to eleven (11) mineral claims in Saskatchewan known as the Bishop Lake Uranium Property (the " Property "). The Property is located in Saskatchewan, Canada . Citizen holds the Option pursuant to a property sale agreement (the " Sale Agreement ") with Doctors Investment Group Ltd. (the " Seller ") dated April 14, 2024 a private British Columbia incorporated company that is the legal, beneficial and registered holder of the mineral claims comprising the Property.

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Hole	From	To	Width	Au g/t	Cu_%	Mo_ppm	Ag_ppm	East	North	RL	Azi	Dip	Hole Depth (m)
OEDD-78	NSV							647,661	1,032,245	477	15	-55	146.1
OEDD-79	NSV							647,641	1,032,480	483	155	-56	182.2
OEDD-82	29	30	1	4.8				647634	1032128	475	195	-56	110.3
and	91	92	1	0.5
OEDD0083	18	19	1	0.4	0.00	0.2	0.0	647787	1032400	476	193	-57	260.2
and	91	93	2	2.8	0.01	4.0	0.1
and	97	98	1	1.1	0.02	3.8	0.5
and	157	159	2	0.6	0.03	1.5	0.7
and	164	221	57	26.1	0.05	2.3	5.2
Including	165	197	32	45.7	0.08	2.3	8.5
Including	210	219	9	1.6	0.00	2.7	1.4
and	231	239	8	1.0	0.01	2.1	0.7
Including	232	236	4	1.7	0.01	2.3	1.0
and	257	260	3.2	1.3	0.01	3.2	0.2
Including	259	260.2	1.2	3.1	0.01	6.0	0.4

Ag	silver
Au	gold
Au Eq.	Gold Equivalent
Cu	copper
Cu Eq.	Copper Equivalent
g/t	grams per tonne
km	kilometres
m	meters

From	To	Gold g/t	From	To	Gold g/t
165	166	6.9	181	182	35.5
166	167	12.3	182	183	25.0
167	168	127.0	183	184	26.2
168	169	137.6	184	185	8.9
169	170	171.9	185	186	17.9
170	171	283.8	186	187	5.4
171	172	59.0	187	188	5.1
172	173	67.1	188	189	4.8
173	174	98.9	189	190	7.0
174	175	68.4	190	191	11.2
175	176	34.0	191	192	9.1
176	177	38.8	192	193	8.2
177	178	47.4	193	194	3.7
178	179	66.7	194	195	1.0
179	180	24.1	195	196	5.5
180	181	39.0	196	197	6.0

Ag	Silver
Au	Gold
Au Eq.	Gold Equivalent
Cu	Copper
Cu Eq.	Copper Equivalent
g/t	grams per tonne
km	Kilometers
m	Meters

Hole	From	To	Width	AuEq g/t	Au g/t	Cu_%	Mo_ppm	Ag_ppm	EAST	NORTH	RL	Azi	Dip	Hole Depth	Au_gm	AuEq_gm
OEDD0059	59	103	44	1.7	1.2	0.24	230	0.9	656099	1047971	454.8	36	-51	179.2	53	75
Including	68	87	19	2.5	1.9	0.26	411	1							36	48
Including	95	99	4	3.2	1.9	0.89	218	3.3							8	13
OEDD0060	49.65	66.00	16.35	0.6	0.4	0.13	85	0.4	656370	1047683	464.9	45	-52	122	6	10
OEDD0061	25	78.1	53.1	0.9	0.5	0.27	16	1.5	655630	1048206	455.2	25	-52	155.15	27	48
Including	37.65	39.9	2.25	1.6	1.6	0.03	6	0.1							4	4
Including	53.63	54.65	1.02	3.1	2	0.75	81	5.5							2	3
and	116	117.1	1.1	1.7	1.6	0.04	2	0.7							2	2
OEDD0062	130.9	181.4	50.5	1.3	0.9	0.18	155	0.8	656075	1047938	454	37	-60	188.33	45	66
Including	157.7	160.55	2.85	2.3	1.6	0.48	78	1.7							5	7
Including	163.7	174	10.3	3.3	2.6	0.32	302	1.5							27	34
OEDD0063	175	179.3	4.3	1.6	0.7	0.64	30	1.2	655607	1048149	456	35	-55	257.3	3	7
OEDD0063	217	246	29	1	0.7	0.21	53	0.8							20	29
Including	221.64	230	8.36	2.3	1.5	0.48	63	2							13	19
OEDD0064	47	50	3	1.5	1.1	0.27	53	1.5	655979	1048060	451	35	-55	134.43	3	5
OEDD0064	60	99	39	1.6	1.1	0.30	226	0.8							41	63
OEDD0064	60	82	22	2.2	1.7	0.25	184	0.8							37	48
Including	72	74	2	6.5	5.7	0.40	355	1.7							11	13
OEDD0065	131	175	44	2.5	1.4	0.60	413	2.5	655949	1048016	450.2	35	-55	209.51	62	110
Including	134	140	6	5	3.9	0.64	371	2.5							23	30
Including	146	155	9	3.4	1.9	0.55	1063	2							17	31
OEDD0066	18	25.5	7.5	1.5	0.7	0.58	20	0.8	655512	1048297	457.3	35	-55	92.2	5	11
Including	20.5	21.5	1	2.9	2.1	0.50	90	0.9							2	3
and	75	76	1	2.4	2.4	0.01	3	0.5							2	2
OEDD0067	147.00	176.00	29.00	0.6	0.3	0.11	142.1	0.5	656325	1047619	464.5	35	-55	206.2	9	16
OEDD0068	96	192	96	0.747	0.345	0.000	41.8	1.400	655468	1048237	458.8	35	-55	239.3	33	72
	85.00	93.00	8.00	0.4	0.2	0.10	16	0.4							2	3
	96.00	142.00	46.00	0.7	0.3	0.24	62	1.0							13	31
Hole	From	To	Width	AuEq g/t	Au g/t	Cu_%	Mo_ppm	Ag_ppm	EAST	NORTH	RL	Azi	Dip	Hole Depth	Au_gm	AuEq_gm
	153.00	192.00	39.00	1.0	0.5	0.35	23	2.1							19	39
OEDD0069	55.00	87.00	32.00	0.4	0.2	0.05	153.9	0.3	656673	1047344	461.6	35	-55	113.3	8	14
OEDD0070*	91	100	10	0.14	0.12	0.10	2	0.1	655294	1048466	452.6	35	-55	110.2
OEDD0071	108.00	115.00	7.00	0.5	0.5	0.0	45	0.1	656640	1047306	460.9	35	-55	179.3	3	4
OEDD0072	110.00	112.00	2.00	0.38	0.27	0.07	143.5	8.5	657639	1045558	465.1
OEDD0073	19	56.5	37.5	1.8	0.5	0.77	344	1.7							19	68
Including	52	56	4	5	1.4	2.18	950	3.4							6	20
OEDD0074	242	317	75	2.4	1.8	0.34	267	1.2	655911	1047965	448.8	33	-58	338.21	132	181
Including	242	294	52	2.5	1.7	0.36	307	1.3							88	130
Including	272	273	1	6.3	5.6	0.46	193	2.3							6	6
Including	281	282	1	9.4	8	0.67	644	2.8							8	9
Including	300	317	17	3	2.4	0.35	235	1.2							41	51
Including	305	306	1	6.7	5.5	0.65	381	2.8							6	7
Including	308	309	1	6.3	5.2	0.69	232	2.4							5	6
OEDD0075*	72	86	14	0.33	0.1	0.15	23	0.6	655854	1048203	448	215	-55	152.3
OEDD0076	39.25	41.00	1.75	2.5	1.9	0.43	32	3.5	655766	1048079	449.8	35	-55	254.20	3	4
and	194	234	40	1.9	1.5	0.21	118	1.0							62	77
Including	219	231	12	4.7	4.0	0.36	322	1.7							48	57

	Building upon a royalty and streaming portfolio which broadly mirrors the commodity exposure of the global mining sector (excluding fossil fuels) with a bias towards production or near-production assets, differentiating Trident from the majority of peers which are exclusively, or heavily weighted, to precious metals;
	Acquiring royalties and streams in resource-friendly jurisdictions worldwide, while most competitors have portfolios focused on North and South America;
	Targeting attractive small-to-mid size transactions which are often ignored in a sector dominated by large players;
	Active deal-sourcing which, in addition to writing new royalties and streams, will focus on the acquisition of assets held by natural sellers such as: closed-end funds, prospect generators, junior and mid-tier miners holding royalties as non-core assets, and counterparties seeking to monetise packages of royalties and streams which are otherwise undervalued by the market;
	Maintaining a low-overhead model which is capable of supporting a larger scale business without a commensurate increase in operating costs; and
	Leveraging the experience of management, the board of directors, and Trident's adviser team, all of whom have deep industry connections and strong transactional experience across multiple commodities and jurisdictions.

Awalé Announces Update for Shareholder Participation Right

Awale Resources Limited Investor Kit

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Overview

Company Highlights

Key Project

Odienné Project

Management Team

Andrew Chubb – CEO

Stephen Stewart - Director

Derk Hartman – Director

Robin Birchall – Chairman

Charles Beaudry – Director

Andrew Smith – Chief Geologist

Sharon Cooper – CFO

Karl Akueson – Local Advisor

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