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Awale Resources Limited 
Listed Company 

BULLETIN V2024-0539

AWALE RESOURCES LIMITED ("ARIC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 16, 2024
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 2, 2023:

Number of Shares: 6,467,107 shares

Purchase Price: 2,908,714 shares at a price $0.12 per share and 3,558,393 shares at a price $0.171 per share

Warrants: 1,454,357 share purchase warrants to purchase 1,454,357 shares

Warrant Exercise Price: $0.20 for a three-year period

Number of Placees: 1 placee

Insider / Pro Group Participation: N/A


Finder's Fee: N/A

The Company issued a news release on December 19, 2023 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

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