Awalé Announces Closing of Strategic Investment by Fortuna Mining — TradingView News

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Toronto, Ontario–(Newsfile Corp. – June 11, 2025) – Awalé Resources Limited ARIC (“Awalé” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement with Fortuna Mining Corp. FVI FSM (“Fortuna“), pursuant to a subscription agreement (the “Agreement“) between the parties. Under the terms of the Agreement, Fortuna purchased 15,037,593 common shares of the Company (the “Shares“) at a price of US$0.399 (C$0.55) per Share, for gross proceeds of US$6,000,000 (C$8,264,999) (the “Offering“).

“Awalé is delighted to welcome Fortuna Mining as a strategic investor,” commented Andrew Chubb, CEO of Awalé Resources. “As an established and successful operator with significant mining operations in Côte d’Ivoire, Fortuna’s commitment is a firm vote of confidence in our technical expertise, our exploration strategy, and our vision for the Odienné district. This investment strategically…

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