Awalé Resources Limited announced the appointment of Andrew Chubb, formerly the Chief Operating Officer of the Company as its new Chief Executive Officer ("CEO") and as a director. Andrew is a geologist with 20 years of experience and has been intimately involved with the
Company's projects since inception. With a proven track record of success and exceptional leadership skills, Andrew is well equipped to steer Awalé towards future success. Stephen brings a wealth of experience in the mining and exploration sector and has over 18 years of financial experience as a director and senior officer with Canadian public companies, including as the CEO and director of Orecap and QC Copper & Gold Inc. and the chair of Mistango River Resources and Baselode Energy Corp. Mr. Stewart is the founder of the Ore Group, an organization focused on natural resource discovery and development, and founder and chairman of the Young Mining Professionals Scholarship Fund, the mining focused charitable organization and fund which supports mining engineering and geology education in Canada. Mr. Stewart holds a Bachelor of Arts degree from the University of Western Ontario, a Master of Business Administration degree from the University of Toronto's Rotman School of Management and a Master of Science degree from the University of Florida. At closing of the financings, Mr. Glen Parsons will be stepping down as CEO and resigning from the Board. The Board expresses its gratitude to Mr. Parsons for his contributions and leadership during his tenure as CEO and wishes him all the best in his future endeavors.