Awalé Resources
TSXV:ARICThe story of Awalé Resources is one of diligent and systematic mineral exploration, with a primary focus on discovering large, high-grade gold and copper-gold deposits in Cote d’Ivoire. To learn more about our projects, collaborate, or make inquiries, please feel free to contact us. The company’s journey began in December 2017 after the takeover of Mariana Resources (Mariana) by Sandstorm Gold Royalties (Sandstorm), resulting in the spin-out of Mariana’s Ivorian projects.Sandstorm is still a cornerstone investor.
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
| — | Côte d'Ivoire | Early exploration | |
| — | Côte d'Ivoire | Early exploration | |
| — | — | Early exploration | |
| — | — | Early exploration | |
The greater Odienné Project lies in the northwest Denguélé Region of Côte d’Ivoire, approximately 600 kilometres northwest of the commercial capital, Abidjan, and approximately 400 kilometres northwest of the capital, Yamoussoukro. | Gold | Australia | Early exploration |
| — | Côte d'Ivoire | Early exploration |
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About Awalé Resources
Awalé Resources (TSXV: ARIC) is a gold-focused mineral exploration company with ground in Côte d'Ivoire, Australia.
The company holds 6 projects on file, at the early exploration stage.
3 financings are on record, totalling approximately C$25.1M, most recently in July 2026.
20 press releases are tracked here, 6 of them financing-related, with the most recent dated Nov 2, 2026.
The story of Awalé Resources is one of diligent and systematic mineral exploration, with a primary focus on discovering large, high-grade gold and copper-gold deposits in Cote d’Ivoire. To learn more about our projects, collaborate, or make inquiries, please feel free to contact us. The company’s journey began in December 2017 after the takeover of Mariana Resources (Mariana) by Sandstorm Gold Royalties (Sandstorm), resulting in the spin-out of Mariana’s Ivorian projects.Sandstorm is still a cornerstone investor.
Key facts
| Listing | TSXV: ARIC |
|---|---|
| Market capitalisation | C$104.7M |
| Shares outstanding | 143.5M |
| Projects on file | 6 |
| Commodities | Gold |
| Jurisdictions | Côte d'Ivoire · Australia |
| Financings on record | 3 |
| Insider trades (30 days) | 0 buys, 0 sells on the open market · last filing 2026-09-18 |
Run on Awalé Resources
Projects
Reports on file
1 technical report for Awalé Resources, processed so Ask Socrates can search them. Links open the PDF on the company’s site.
- 2025 243 Awale Odienne NI43 101 TR 3 Jul 2026 FINAL v2Ask SocratesNI 43-101 technical report
Financing history
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Jul 28, 2026 | Private placement | C$19.0M | — |
| May 27, 2026 | Warrant exercise | C$1.1M | — |
| May 19, 2026 | Warrant exercise | C$5.0M | — |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.
Recent news releases
- Nov 2, 2026Awalé Secures Final Two Permits, Consolidating 1,542 km² of 100%-Owned Ground Ahead of Fully Funded Exploration Program
- Oct 27, 2026Awalé Connects Charger 1 and Charger 2 – Extending Gold Mineralization Across 300 Metres of Strike, Including 8.7 g/t Gold over 25 Metres and 7.0 g/t Gold over 28 Metres
- Oct 7, 2026Awalé Extends BBM Along Strike and at Depth with 47 Metres of 2.2 g/t AuEq. Outside the Resource and Intersects 44 Metres of 3.1 g/t AuEq. Near Surface
- Sep 22, 2026Awalé Outlines Fully Funded 71,500 Metre Exploration Program Targeting New Discoveries Across its 100%-Owned Odienné Ground
- Sep 18, 2026Awalé Announces Results of Annual General and Special Meeting of Shareholders
- Sep 15, 2026Awalé Reports Gold Recoveries of up to 98% at Odienné on Simple, Conventional Metallurgy
- Aug 20, 2026Awalé Defines New 4-Kilometre Gold Target at 100%-Owned Seydou Permit; Drilling Underway at the Fremen Discovery
- Aug 10, 2026Awalé Appoints Michael Dorfman to its Board of Directors
- Aug 6, 2026Awalé Completes $20.7 Million Strategic Financing with Closing of Final Tranche
- Jul 28, 2026Awalé Closes $19 Million Strategic Investment by Predictive Discovery and Fortuna Mining