Awalé Announces Appointment of Key Personnel

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Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce the strategic appointment of personnel, strengthening the Company's leadership team as it advances the Odienné Project in C?te d'Ivoire toward becoming an exceptional mining camp.

Andrew Chubb, CEO of Awalé Resources, commented,

"I am delighted to welcome a group of skilled and seasoned professionals to the Awalé team. Awalé is moving into an exciting new chapter and the addition of their expertise will be instrumental in delivering our exploration efforts across our 100% owned properties, as well as advancing our existing discoveries at Odienné. We are all excited and committed to realizing the full potential of both the Odienné Project and delivering maximum value to our shareholders. These appointments also complement our efforts to strengthen our dedicated team in C?te d'Ivoire, where we are actively promoting and recruiting high quality people."

Andrew Smith - VP Exploration

Mr. Smith is an accomplished economic geologist with over 14 years of exploration and mining experience. Andrew has proven discovery success in both greenfield and near-mine gold exploration. He has well-developed skills in both technical and management roles for exploration and development projects across West Africa and Canada. More recently this has included roles as Director of Exploration Geology for Coeur Mining, Chief Geologist for Awalé Resources, and Exploration Manager for Randgold Resources in Senegal. Andrew has an Honours Degree in Geology and Petroleum Geology from the University of Aberdeen in Scotland, is a Fellow of the Geological Society of London, and member of the Society of Exploration Geologists.

Ardem Keshishian - VP Corporate Development & Investor Relations

Mr. Keshishian brings over 15 years of progressive experience in corporate development, investor relations, finance, and capital markets, specializing in the mining sector. Most recently, Ardem served as VP of Corporate Development and Investor Relations at Moneta Gold, a Canadian gold developer with assets in the Timmins Gold Camp, Ontario, until its merger with Nighthawk Gold. Prior to Moneta Gold, He held roles at Royal Road Minerals, Pollitt & Co., Haywood Securities, and Van Berkom & Associates. He is a CFA? charter holder and holds a Bachelor of Science from Concordia University and a Master of Business Administration from the John Molson School of Business. Ardem will be primarily responsible for the Company's business and corporate development initiatives, including managing Awalé's day-to-day investor communications efforts and relationships with the analyst, broker, and investment communities. His role will be pivotal in driving the Company's growth and ensuring strong stakeholder engagement.