|Bid||0.0700 x 0|
|Ask||0.1100 x 0|
|Day's Range||0.1000 - 0.1000|
|52 Week Range||0.0550 - 0.1500|
|Beta (3Y Monthly)||-0.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER , July 8, 2019 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (ARIC.V) is pleased to report that the Odienné 2018/2019 field season has culminated with delineation of two priority drill targets at the Vakaba and Empire prospects. Work completed during the field season has included ground geophysical (Induced Polarisation or IP) surveys, mapping and soil sampling, as well as deep hand auger, and has enhanced the prospectivity of the strong gold in soil anomalies reported at both prospects (see Company news release dated 28th June 2018 ). Both prospects now represent exciting drill targets and have well understood geological and structural frameworks with demonstrated mineralisation from soil, channel and rock chip sampling.
Existing Insiders of the Company participated in the Offering acquiring, directly or indirectly, an aggregate of 5,262,900 shares. Of these, Glen Parsons , Director and CEO of the Company acquired 4,235,800 common shares, which is in addition to his previous direct and indirect ownership position of an aggregate of 4,030,000 million shares. Mr. Parsons now owns approximately 18.85% of the issued and outstanding common shares of Awalé. The shares are for investment purposes only and depending upon market and other conditions, or as future circumstances may dictate, Mr. Parsons may, from time to time, increase or decrease his holdings of Awalé. A copy of the early warning report of Mr. Parsons will be available on Awalé's issuer profile on SEDAR at www.sedar.com .
Insiders of the Company participated in the Offering acquiring, directly or indirectly, an aggregate of 5,262,900 shares. The participation by insiders in the private placement is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61- 101"). The transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities being issued nor the consideration being paid exceeds 25% of Awalé's market capitalization. Pursuant to National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, Mr. Glen Parsons , CEO and director of the Company is announcing the acquisition of an aggregate of 4,235,800 common shares pursuant to the private placement.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a busine...
VANCOUVER , March 4, 2019 /PRNewswire/ - Awalé Resources Limited (" Awalé " or the " Company ") (TSXV: ARIC) is pleased to announce initial results from the first 3 trenches of a currently ...
VANCOUVER, Nov. 14, 2018 /PRNewswire/ - Awalé Resources Limited ("Awalé" or the "Company") (ARIC.V) is pleased to announce discovery of 3 new gold anomalous zones over a combined strike length of 12 kilometres along the previously untested northwest extension of the Awari Shear at the Bondoukou project in Côte d'Ivoire (figures 1, 2 and 3). Infill Auger drilling over these new targets is anticipated to produce new drill targets for the first half of 2019. Following successful target delineation through auger geochemistry over the south eastern extents of the Awari shear, Awale planned a new 10,000 metre program covering the previously untested NW extents of the shear.
Awalé Resources Defines New 2 Kilometer Gold in Soil Anomalies at the Yanti Prospect, Bondoukou Project, Côte d'Ivoire.
NEW YORK, NY / ACCESSWIRE / October 18,2018/ Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
All securities issued pursuant to the private placement will be subject to a four month hold period trading restriction. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
NEW YORK, NY / ACCESSWIRE / August 28, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...