Shares for Debt Issuance and Correction

Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) 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 6 th 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 .

Additionally, the Company wishes to clarify that in its news release dated May 24, 2023 it incorrectly stated that its incentive stock options granted were exercisable at $0.20 . The 3,605,000 options granted are exercisable at $0.12 per share until expiry.

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 currently 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") within the greater Odienné Copper-Gold Project in the Northwest of Côte d'Ivoire, where three significant gold and gold-copper-silver-molybdenum discoveries have been made. The Sceptre East and Charger discoveries have significant scope for growth with future discovery and resource development drilling. The project has multiple pipeline prospects that have similar geochemical fingerprints to Iron Oxide Copper Gold ("IOCG") and intrusive related mineral systems. The 400km ² of granted tenure and 400km ² under application remains underexplored and offers significant upside potential. The Odienné Project JV forms a solid foundation for the Company to continue exploring in a pro-mining jurisdiction that offers significant potential for district scale discoveries.

ON BEHALF OF THE BOARD
AWALE RESOURCES LIMITED

Andrew Chubb, CEO and Director

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 Côte d'Ivoire and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, planned drilling, commencement of operations, 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.

The Company cautions investors that any forward‐looking statements by the Company are not guarantees of future results or performance and that actual results may differ materially from those in forward‐ looking statements as a result of various factors, including the potential inability to obtain required regulatory approvals and satisfy other applicable closing conditions; possible adverse impacts due the global outbreak of COVID‐19; the Company's inability to generate sufficient cash flow or raise sufficient additional financing requirements; volatility in metals prices; the ability of the Company to retain its key management employees and skilled and experienced personnel; conflicts of interest; litigation or other administrative proceedings brought against the Company; actual or alleged breaches of governance processes or instances of fraud , bribery or corruption; exploration, development and mining risks and the inherently dangerous nature of the mining industry, and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada and Côte d'Ivoire; equipment shortages and the ability of the Company to acquire necessary access rights and infrastructure for its mineral properties; environmental regulations and the ability to obtain and maintain necessary permits, including environmental authorizations and water use licences; extreme competition in the mineral exploration industry; delays in obtaining, or a failure to obtain, permits necessary for current or future operations or failures to comply with the terms of such permits; risks of doing business in Côte d'Ivoire, including but not limited to, labour, economic and political instability and potential changes to and failures to comply with legislation; the Company's common shares may be delisted from the TSX Venture Exchange if it cannot maintain compliance with the applicable listing requirements; and other risk factors described other filings with Canadian securities regulators, which may be viewed at www.sedar.com . Any forward‐looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward‐looking statement, whether because of new information, future events or results or otherwise.

Cautionary Statement

NEITHER 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

View original content: https://www.prnewswire.com/news-releases/shares-for-debt-issuance-and-correction-301970371.html

SOURCE Awale Resources

News Provided by PR Newswire via QuoteMedia

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

ARIC:CC

Awalé Announces New Gold Discovery on the Odienné Project

Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce a new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire. BBM is a significant new greenfield discovery for the Company and has excellent scope for rapid expansion. In addition to the new discovery, further significant results with visible gold have been returned for the Charger Target and new mineralization from the first two scout holes at the Lando Target, which lies 10km NW of the new BBM discovery and is associated with the same mineralized corridor (Figures 1 and 2).

BBM Discovery Highlights

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Awale Commences New Diamond Drill Program at the Odienné Copper-Gold Project, Secures Additional JV Funding with Newmont

Highlights:

4,000 metre drill program on Awalé's Odienné now underway
Awalé secured an additional USD 750,000 in joint venture funding from Newmont Corporation
Final Drill results from Odienné's Summer Drill Program expected in early January

Awalé Resources (TSXV: ARIC), is pleased to announce the commencement of a 4000-meter diamond drilling program at the Odienné joint venture project with Newmont. This is a continuation of the Awalé's strategy of exploring and developing high-grade gold and copper-gold deposits in the fertile Odienné region of Côte d'Ivoire.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Awale Closes Private Placement with Newmont

Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that it has closed its previously announced non-brokered private placement (December 1, 2023) with Newmont Ventures Limited ("Newmont"), 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 administrative costs of Awalé.

The completed private placement by Awalé consisted of two separate components:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Awale Signs Investment Agreement for Non-brokered Private Placement with Newmont

Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that Awalé and Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange ("Exchange") acceptance, have entered into an Investment Agreement (the "Agreement") for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the issuance of (i) units ("Units") with each Unit comprised of one common share in the capital of Awalé (a "Share") and one half of one common share purchase warrant (a whole warrant, a "Warrant") and (ii) Shares. If completed, the proceeds from the financing will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general administrative costs of Awalé.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

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.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

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

News Provided by ACCESSWIRE IA via QuoteMedia

Keep reading...Show less

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.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Canada Nickel Company Concludes Successful Participation in Washington, D.C. Summit on North American Critical Minerals Strategy

Canada Nickel Company Inc. ("Canada Nickel") (TSXV: CNC) (OTCQX: CNIKF) was proud to participate in an Ontario government delegation at the 2024 Energy Transition Metals Summit in Washington, D.C. During the summit, CEO Mark Selby a veteran in the mining industry with over 20 years of experience, stressed the importance of strengthened Ontario-US trade partnerships and collaboration in critical minerals as demand for clean energy solutions across North America surges.

Canada Nickel Company's CEO further spoke about the essential role of nickel in various high-tech applications, including electric vehicles (EVs) and stainless steel production, critical for the transition to a cleaner economy. "Nickel is not just a metal; it's a linchpin in our sustainable future," said Mark Selby , CEO of Canada Nickel Company. "Canada Nickel, Ontario, Canada and the United States share many of the same economic and environmental objectives, specifically around the need for reliable, clean, critical minerals sources amid growing geopolitical tensions and increasing supply chain pressures."

Canada Nickel's Crawford Nickel Sulphide Project in Ontario's Timmins Nickel District was showcased at the summit as a model of innovation and sustainability. Projected to become one of the top nickel sulphide operations globally, it boasts potential for zero-carbon production thanks to the Company's proprietary IPT Carbonation carbon storage technology.

"The Crawford Project is expected to be the Western World's largest nickel sulphide operation, emphasizing our commitment to environmentally responsible mining practices that significantly reduce carbon emissions," Selby noted. The Ontario project is expected to play a crucial role in filling critical supply gaps for North America's EV and stainless steel markets.

The summit also served as a platform for Canada Nickel to discuss the challenges and opportunities in the nickel market, which is essential for powering the EV revolution. The discussions included the impact of recent US policies on metal imports and the strategic steps both nations and the province need to take to secure a reliable supply of critical minerals.

"We have the critical minerals, expertise and experience the world is looking for in my riding of Timmins and across Northern Ontario ," said George Pirie , Member of Provincial Parliament for Timmins , and Ontario's Minister of Mines. " The United States and Ontario share goals for a battery-powered future and the relationship between our governments has never been more important. We need to work together to secure the supply chain and Ontario -based companies like Canada Nickel will help us accomplish this goal. I am so excited to continue working to promote Ontario mining companies because they are the best in the world."

Canada Nickel's participation in the summit underscores its role as a leader in the next generation of large-scale nickel supply and as a key player in North America's critical minerals strategies. The company continues to work closely with the Ontario Government, Canadian, and US officials to advance bilateral initiatives that enhance the critical minerals supply chain and promote sustainable mining practices.

For More Information, Contact:
Mark Selby
CEO and Director
647-256-1954
info@canadanickel.com

Media Contact:
Sydney Oakes
Director of Indigenous Relations and Public Affairs, Canada Nickel Company
sydneyoakes@canadanickel.com

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins - Cochrane mining camp. For more information, please visit www.canadanickel.com .

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, the potential of the Crawford Nickel Sulphide Project, strategic plans, statements relating to the nickel and EV markets, and corporate and technical objectives. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the Crawford Project, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, and failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law.

View original content to download multimedia: https://www.prnewswire.com/news-releases/canada-nickel-company-concludes-successful-participation-in-washington-dc-summit-on-north-american-critical-minerals-strategy-302132296.html

SOURCE Canada Nickel Company Inc.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Hole ID	From (m)	To (m)	Length (m)	Hole Depth (m)	Au (g/t)	Ag (g/t)	Cu %	Mo (ppm)	Easting	Northing	RL	Azimuth
OEDD0046	21.8	47	25.2	130	0.167	1.406	0.13	63	648,725	1,052,489	557	40
OEDD0047	0	66	66	119	0.129	2.176	0.25	113	648717	1052584	540	50

Hole ID	From (m)	To (m)	Length (m)	Hole Depth (m)	Au (g/t)	Ag (g/t)	Cu %	Mo (ppm)	Au Eq.*	Easting	Northing	RL	Azimuth
OEDD0059	59	103	44.0	179	1.2	0.9	0.21	232	1.7	656,099	1,047,971	454	36
Including	59.00	64.00	5.0		1	0.1	0.02	22.2	1.0
Including	68.00	100.00	32.0		1.5	1.1	0.31	297.0	2.1
Including	77.00	80.00	3.0		5.2	1.5	0.34	395.9	6.0
OEDD0060	58.21	62.85	4.6	122	0.5	0.6	0.17	130.8	0.9	656,370	1,047,683	464	45
OEDD0061	1.50	3.00	1.5	155	0.7	2.9	0.03	6.4	0.7	655,630	1,048,206	455	25
OEDD0061	25.00	75.90	50.9		0.5	1.5	0.27	16.2	0.9
OEDD0061	116.00	117.10	1.1		2	0.7	0.04	1.7	2.0
OEDD0062	134.70	152.90	18.2	188	0.6	0.6	0.17	193.9	1.0	656,075	1,047,938	453	37
OEDD0062	156.75	175.00	18.2		1.8	1.3	0.31	214.8	2.4
Including	168.75	170.75	2.0		5.8	2.3	0.48	334.3	6.7

Hole ID	From (m)	To (m)	Length (m)	Hole Depth (m)	Au (g/t)	Ag (g/t)	Cu (ppm)	Mo (ppm)	Easting	Northing	RL	Azi.
OEDD0038	50.00	54.00	4.00	57	1.12	0.48	173.8	5.4	647790.9	1032306	468	292
OEDD0040	40.00	41.00	1.00	135	0.81	0.00	0.0	0.0	647754.9	1032249	472	18
OEDD0044	0.00	8.00	8.00	233	0.4	0.5	208	3.3	647620.6	1032081	473	13
OEDD0044	103.00	104.00	1.00		1.67	0.69	145.5	1.4
OEDD0044	109.00	110.00	1.00		0.65	0.77	129.8	1.4
OEDD0044	170.00	176.00	6.00		0.52	1.01	186.6	1.4
OEDD0044	183.00	187.35	4.35		2.15	0.60	92.1	1.6
OEDD0044	194.00	195.00	1.00		0.94	0.37	45.8	4.5
OEDD0044	205.00	207.00	2.00		2.03	0.47	74.9	1.8
OEDD0045	89.00	101.00	12.00	212	4.93	0.36	61.2	1.7	647686.2	1032183	476	13
Including	89.00	97.50	8.50		5.50	0.30	58.6	1.5
and	99.00	100.00	1.00		6.02	0.60	58.9	1.9
OEDD0045	116.00	127.00	11.00		1.50	0.83	388.4	1.5
OEDD0045	133.00	154.00	21.00		1.32	1.13	427.9	1.4
OEDD0045	211.00	212.00	1.00		0.92	0.11	69.1	2.9
OEDD0048	62.00	63.00	1.00	98	0.75	0.23	81.2	1.4	647630.8	1032247	477	13
OEDD0049	57.00	59.00	2.00	80	1.98	0.35	213.5	2.5	647551.7	1032204	478	17
OEDD0050	212.29	215.50	3.21	233	0.56	1.92	988.5	1.4	647529.9	1032126	476	16
OEDD0051	13.00	14.00	1.00	95	0.67	0.59	196.7	4.5	647828	1032255	470	13
OEDD0051	23.75	26.00	2.25		0.56	0.67	310.6	52.1
OEDD0052	39.00	43.12	4.12	152	1.10	0.74	83.4	1.0	647677.8	1032407	479	155
OEDD0052	72.00	76.00	4.00		1.07	0.23	84.2	1.4
OEDD0053	136.50	137.50	1.00	278	0.52	0.27	88.4	2.2	647641.6	1032139	475	13
OEDD0053	168.50	173.50	5.00		0.88	0.55	212.5	1.5
OEDD0053	188.50	189.50	1.00		2.18	0.30	94.6	1.3
OEDD0053	215.50	252.50	37.00		1.42	0.55	167.3	1.3
Including	244.50	248.50	4.00		5.14	0.61	116.5	1.4
OEDD0053	266.50	267.50	1.00		0.75	0.49	318.4	1.3
OERC0081	24.00	25.00	1.00	64	0.56	0.00	0.0	0.0	647755.2	1032147	471	292
OERC0081	31.00	32.00	1.00		0.52	0.00	0.0	0.0
OERC0082	15.00	18.00	3.00	72	0.53	0.00	0.0	0.0	647726.9	1032158	472	292
OERC0082	69.00	72.00	3.00		0.52	0.00	0.0	0.0
OERC0083	0.00	1.00	1.00	56	0.58	0.00	0.0	0.0	647694.8	1032172	473	293
OERC0084	26.00	27.00	1.00	72	0.82	0.00	0.0	0.0	647666.8	1032183	474	293
OERC0084	39.00	41.00	2.00		0.75	0.00	0.0	0.0
OERC0084	61.00	62.00	1.00		0.83	0.00	0.0	0.0
OERC0086	6.00	7.00	1.00	60	1.57	0.00	0.0	0.0	647607.3	1032208	476	293
OERC0087	33.00	37.00	4.00	60	0.63	0.00	0.0	0.0	647579.1	1032219	477	293
OERC0087	45.00	47.00	2.00		1.30	0.00	0.0	0.0
OERC0087	53.00	54.00	1.00		0.72	0.00	0.0	0.0
OERC0088	42.00	43.00	1.00	66	2.46	0.00	0.0	0.0	647732.3	1032329	471	292
OERC0089	2.00	3.00	1.00	60	1.12	0.00	0.0	0.0	647789.5	1032304	468	292
OERC0089	14.00	34.00	20.00		2.73	17.61	767.2	4.3
Including	14.00	18.00	4.00		5.89	8.00	560.7	1.9
and	28.00	33.00	5.00		5.53	59.33	2358.9	6.1
OERC0089	38.00	39.00	1.00		0.93	0.00	0.0	0.0
OERC0089	50.00	51.00	1.00		2.28	0.00	0.0	0.0
OERC0091	4.00	18.00	14.00	120	0.83	0.00	0.0	0.0	647844.6	1032281	467	292
OERC0092	63.00	64.00	1.00	75	0.61	0.00	0.0	0.0	647667.3	1032357	476	112
OERC0094	0.00	2.00	2.00	60	0.66	0.00	0.0	0.0	647526.1	1032069	473	292
OERC0095	0.00	4.00	4.00	70	0.61	0.00	0.0	0.0	647554.3	1032058	472	292
OERC0096	0.00	4.00	4.00	69	0.58	0.00	0.0	0.0	647582.2	1032047	472	292
OERC0096	17.00	18.00	1.00		2.07	0.00	0.0	0.0
OERC0097	0.00	3.00	3.00	70	0.61	0.00	0.0	0.0	647610.1	1032036	471	292
OERC0098	0.00	1.00	1.00	61	0.67	0.00	0.0	0.0	647637.9	1032025	470	292
OERC0116	22.00	23.00	1.00	80	0.52	0.00	0.0	0.0	647851.5	1032401	474	180
OERC0116	47.00	48.00	1.00		2.35	0.00	0.0	0.0
OERC0123	3.00	4.00	1.00	84	0.69	0.00	0.0	0.0	647881.5	1032266	466	292
OERC0123	63.00	65.00	2.00		0.95	0.00	0.0	0.0
OERC0124	51.00	54.00	3.00	100	0.59	0.00	0.0	0.0	647780.9	1032340	469	198
OERC0131	3.00	12.00	9.00	62	0.83	1.79	480.6	1.2	647705.5	1032259	473	15
OERC0131	18.00	21.00	3.00		0.68	11.59	2603.2	2.2
OERC0131	23.00	25.00	2.00		0.56	3.49	636.8	1.8
OERC0131	31.00	34.00	3.00		0.81	13.05	196.7	2.2
OERC0131	36.00	43.00	7.00		0.51	8.88	215.5	1.9
OERC0131	44.00	49.00	5.00		0.52	5.58	154.5	2.2
OERC0132	65.00	66.00	1.00	138	0.88	0.25	69.3	2.0	647695.7	1032221	473	15
OERC0132	74.00	106.00	32.00		2.95	6.60	1714.6	2.5
Including	74.00	83.00	9.00		6.55	17.40	4000.6	3.4
OERC0132	114.00	115.00	1.00		1.62	0.14	96.8	6.2
OERC0143	68.00	71.00	3.00	112	2.99	0.69	129.4	5.2	647640.5	1032140	475	15
Including	69.00	70.00	1.00		8.18	1.18	191.5	3.8
OERC0143	80.00	83.00	3.00		0.97	0.44	194.3	3.5
OERC0144*	8.00	12.00	4.00	102	0.57	0.78	151.0	0.4	647626	1032080	473	15
OERC0144	99.00	101.00	2.00		0.55	1.00	105.6	13.3
OERC0145	0.00	1.00	1.00	120	1.17	0.28	181.9	6.4	647748.5	1032196	473	15

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

Post - Consolidation
Capitalization:	Unlimited	shares with no par value of which
	15,681,505	shares are issued and outstanding
Escrow	Nil	shares are subject to escrow

Transfer Agent:	Computershare Investor Service Inc.
Trading Symbol:	XPLR	(UNCHANGED)
CUSIP Number:	98421G208	(New)

Non-Arm's Length Party /
Pro Group Participation:	Nil

Warrants:	2,166,506 warrants to purchase 2,166,506 common shares

Warrant Exercise Price:	$0.05 per share for a period of 36 months

Participation de personnes
ayant un lien de dépendance /
Groupe Pro :	Aucune

Bons de souscription :	2 166 506 bons de souscription permettant de souscrire à 2 166 506 actions ordinaires

Prix d'exercice des bons :	0,05 $ par action pour une période de 36 mois

Non-Arm's Length Party / Pro Group Participation:

Creditors	# of Creditors	Amount Owing	Deemed Price per Share	Aggregate # of Shares

Aggregate Non-Arm's Length Party Involvement:	8	$454,815.90	$0.12	3,790,130
Aggregate Pro Group Involvement:	N/A	N/A	N/A	N/A

Private Placement:

# of Warrants:	50,928,566

Original Expiry Date of Warrants:	October 22, 2023 (as to 29,663,566 warrants)
	October 28, 2023 (as to 21,265,000 warrants)

New Expiry Date of Warrants:	October 22, 2024 (as to 29,663,566 warrants)
	October 28, 2024 (as to 21,265,000 warrants)

Exercise Price of Warrants:	$0.15 (Unchanged)

Number of Shares:	25,000,000 common shares

Purchase Price:	$0.08 per common share

Warrants:	25,000,000 warrants to purchase 25,000,000 common shares

Warrant Exercise Price:	$0.12 until September 1, 2026, subject to an accelerated expiry provision

Number of Placees:	34 placees


Insider / Pro Group Participation:

Placees	# of Placee (s)	Aggregate # of Shares

Aggregate Existing Insider Involvement:	2	2,687,500
Aggregate Pro Group Involvement:	8	5,212,500

Date	Cash Payment	Work Commitment

Upon Execution	$ 50,000	NIL
12-Month Anniversary	$ 150,000	$ 100,000
24-Month Anniversary	$ 200,000	$ 250,000
36-Month Anniversary	$ 200,000	$ 500,000
48-Month Anniversary	$ 200,000	$ 1,000,000
60-Month Anniversary	$ 5,062,500	$ 1,000,000

	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.

Shares for Debt Issuance and Correction

Awale Resources Limited Investor Kit

GET YOUR FREE INVESTOR KIT

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

Latest News

Awale Resources Limited Investor Kit

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

TOP STOCKS