Mr. Andrew Chubb reports
AWALÉ COMMENCES TRADING ON THE OTCQX MARKET IN THE UNITED STATES
Awale Resources Ltd. says it is enhancing visibility for United States investors as its common shares commence trading today on the OTCQX Best Market (OTCQX), a U.S. marketplace operated by OTC Markets Group Inc., under the ticker symbol of AWLRF. Awale's common shares will continue to trade on the TSX Venture Exchange.
Highlights
- Awale begins trading on the OTCQX under symbol AWLRF.
- Listing boosts Awale's U.S. market visibility and access to U.S. investors.
- Odienne project: High-grade gold intersections drive investor interest in the U.S.
The OTCQX is the highest level market of the OTC Markets on which 12,000 U.S. and global securities trade. Trading on the OTCQX is expected to enhance the visibility and accessibility of Awale to U.S. investors. To qualify, companies must meet stringent financial standards, adhere to best practice corporate governance and demonstrate compliance with applicable securities laws.
"Our commencement of trading on the OTCQX is an important step in expanding Awale's investor base and increasing access to U.S. capital markets," commented Andrew Chubb, chief executive officer of Awale Resources. "This platform enhances visibility as we continue to build momentum at our Odienne project in Cote d'Ivoire, where multiple discoveries are positioning us for potential district-scale success. We look forward to engaging with a broader audience of U.S. and global investors as we unlock further value through exploration."
About Awale Resources Ltd.
Awale is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently under way in the underexplored regions of Ivory Coast, where the company is exploring the Odienne copper-gold project, covering 2,346 square kilometres across seven permits -- five granted and two applications. This includes 797 square km in two permits held under the Awale-Newmont joint venture (OJV). Awale manages all exploration activities over the OJV, with funding provided by Newmont Joint Ventures Ltd.
Awale has discovered four gold, gold-copper and gold-copper-silver-molybdenum mineralized systems within the OJV, and has recently commenced exploration on its 100-per-cent-owned properties.
The Odienne project is underexplored and has multiple pipeline prospects with similar geochemical signatures to iron-oxide-copper-gold (IOCG) and intrusive-related mineral systems with substantial upside potential. The company benefits from a skilled and well-seasoned technical team that allows it to continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale discoveries.
We seek Safe Harbor.
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