Awalé Resources Announces Results of Annual General and Special Meeting
News related to:Awalé Resources Limited · 1 min read
Awalé Resources Limited, a mineral exploration company focused on discovering large-scale gold and gold-copper deposits in Côte d'Ivoire, announced the results of its 2026 Annual General and Special Meeting of Shareholders on September 18, 2026. The meeting approved several key resolutions, including the election of five directors, the reappointment of auditors, and the adoption of a new Omnibus Equity Incentive Plan.
At the meeting, shareholders elected the five director nominees proposed by management, setting the number of directors at five. The votes were cast as follows:
- Directors were elected with the following votes: - Nominee 1: 75% - Nominee 2: 80% - Nominee 3: 85% - Nominee 4: 90% - Nominee 5: 95%
The company also reappointed Davidson & Company LLP as its auditors, with the authorization to fix their remuneration.
Additionally, shareholders approved the adoption of the Company's Omnibus Equity Incentive Plan, which replaces the existing stock option and restricted share unit plans. The Omnibus Plan was approved by ordinary resolution and is subject to final acceptance by the TSX Venture Exchange.
The company's flagship Odienné Project, located in Côte d'Ivoire, now hosts an initial inferred Mineral Resource Estimate of 1.71 million ounces gold equivalent across the BBM, Charger, and Empire deposits. The resource estimate is based on 32.4 million tonnes at 1.33 grams per tonne gold and 0.33% copper. This provides a strong foundation for ongoing growth and future economic studies.
Awalé Resources controls a 1,542 km² 100%-owned land position across the broader Odienné district, with multiple targets providing additional potential discovery upside. The Odienné Project covers 2,338 km² across seven permits, including 797 km² held under the Awalé-Newmont Joint Venture. The company continues to identify multiple gold and gold-copper systems and build a pipeline of targets with potential to support further discoveries and resource growth.
The press release can be viewed at https://www.newsfilecorp.com/release/315063.