Mr. Andrew Chubb reports

AWALE APPOINTS MICHAEL DORFMAN TO ITS BOARD OF DIRECTORS

Awale Resources Ltd. has appointed Michael Dorfman to its board of directors. Mr. Dorfman replaces Karl Akueson, who has stepped down from the board effective immediately.

"We are delighted to welcome Michael to the board. His extensive experience in corporate development, strategic transactions, M&A [mergers and acquisitions], and capital markets, together with his deep understanding of the global mining industry, will be a tremendous asset as we continue to advance the Odienne project and execute on our growth strategy. On behalf of the board and management team, I would like to thank Karl for his contributions and commitment to Awale during an important period in the company's growth. We wish him every success in his future endeavours," said Andrew Chubb, president and chief executive officer of Awale.

Mr. Dorfman is a senior mining executive with more than 20 years of experience, most recently as executive vice-president, corporate development, at DPM Metals, where he played a central role in the company's transformation into a successful mid-tier gold producer. As a key member of DPM's senior leadership team, Mr. Dorfman led strategy, M&A, investor relations, and technical services, helping to establish a strong pipeline of development and exploration projects and build a strong institutional shareholder base.

Prior to joining DPM, Mr. Dorfman spent approximately 10 years in investment banking in roles with firms including Merrill Lynch and Thomas Weisel Partners (Westwind Partners).

Mr. Dorfman holds an honours business administration (HBA) degree from the Richard Ivey School of Business at Western University.

In connection with his appointment to the board as an independent director, the company has granted Mr. Dorfman 400,000 incentive stock options pursuant to the company's stock option plan. The options are exercisable at a price of 90 cents per common share for a period of three years from the date of grant. The options vest one-third immediately, with the balance vesting in two equal annual instalments over the following two years. The appointment and the grant of the options remain subject to final approval of the TSX Venture Exchange.

About Awale Resources Ltd.

Awale Resources is a diligent and systematic mineral exploration company focused on discovering large-scale gold and gold-copper deposits in Ivory Coast. The company's flagship Odienne project now hosts an initial inferred mineral resource estimate of 1.71 million ounces gold equivalent across the BBM, Charger and Empire deposits (32.4 million tonnes at 1.33 grams per tonne gold and 0.33 per cent copper), providing a strong foundation for continuing growth and future economic studies.

The Odienne project covers 2,346 square kilometres across seven permits, including 797 square kilometres held under the Awale-Newmont joint venture. Awale manages exploration activities across the joint venture area, with financing currently provided by Newmont Ventures Ltd. under the exploration agreement signed in May, 2022.

In addition to the current resource base defined on the joint venture ground, Awale controls a substantial 100-per-cent-owned land position across the broader Odienne district, where multiple untested and early-stage targets provide additional potential discovery upside. Across the project, Awale has identified multiple gold and gold-copper systems and continues to build a pipeline of targets with potential to support further discoveries and resource growth.

With a skilled and experienced technical team, together with support from three strategic shareholders, Awale is advancing exploration in an underexplored and pro-mining jurisdiction with clear potential for district-scale discoveries.

We seek Safe Harbor.