{"id":4441,"date":"2024-05-16T12:13:11","date_gmt":"2024-05-16T12:13:11","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/05\/16\/awale-resources-announces-board-changes\/"},"modified":"2024-05-16T12:13:11","modified_gmt":"2024-05-16T12:13:11","slug":"awale-resources-announces-board-changes","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/05\/16\/awale-resources-announces-board-changes\/","title":{"rendered":"Awal\u00e9 Resources Announces Board Changes"},"content":{"rendered":"<div>\n<p>Awal\u00e9 Resources (TSXV: ARIC) (\u2018Awal\u00e9\u2019 or the \u2018Company\u2019) is pleased to welcome two new members and the appointment of current member Stephen Stewart as Chair of the board of directors. Mr. Robin Birchall and Mr. Derk Hartman will be stepping down from their positions, allowing for Awal\u00e9 to welcome Mr. Anthony Moreau and Mr. Karl Akueson as new directors.<\/p>\n<p>Andrew Chubb, CEO of the Company, commented:<\/p>\n<p>\u2018We welcome these changes to our board as the Company transitions to becoming a key player in a new mining frontier in C\u00f4te d\u2019Ivoire. I extend my gratitude to Mr. Hartman and Mr. Birchall for their pivotal roles in steering the Company to its current position, where we are well placed to undertake our next growth phase. Mr. Hartman, a co-founder of Awal\u00e9, has consistently supported the team, significantly contributing to the Company\u2019s growth through successful exploration. Since joining the board in November 2022, Mr. Birchall has played a fundamental role in driving corporate advancements. We wish them both the best with their future endeavors.\u2019<\/p>\n<p>\u2018In tandem, we welcome our new board members Mr. Moreau and Mr. Akueson. Karl is a natural resources entrepreneur, Ivorian national residing in C\u00f4te d\u2019Ivoire. He is a co-founder of Awal\u00e9 and has been an advisor to the Company since listing in 2017. His new directorship is integral to raising the Company\u2019s profile in C\u00f4te d\u2019Ivoire. Tony is CEO and director of American Eagle Gold Corp., where he has played a pivotal role in the corporate advancement of its recent exploration success.\u2019<\/p>\n<p>Anthony Moreau is the CEO and Director of American Eagle Gold and also serves as a Director of QC Copper &amp; Gold, Orecap Invest, and Mistango River Resources. He was formerly with IAMGOLD, where he held various roles in Business Development and Innovation. Anthony is also the leader of the Young Mining Professionals Toronto. He also co-founded the YMP Scholarship Fund, which has raised over $1.25 million since its inception seven years ago. Anthony\u200e is a Queen\u2019s School of Business graduate and a Chartered Financial Analyst (CFA).<\/p>\n<p>Karl Akueson is an Ivorian born natural resources entrepreneur who co-founded Awal\u00e9 Resources following a career in metals and mining investment banking at BMO Capital Markets in London. He recently founded and is the current CEO of Switch Metals, a private exploration company focused on technology metals in Cote d\u2019Ivoire. Karl is based in Abidjan. He is a graduate from Imperial College Royal School of Mines \u2013 MSc Metals and Energy Finance, and the University of Manchester \u2013 MEng Chemical Engineering.<\/p>\n<p>About Awal\u00e9 Resources<\/p>\n<p>Awal\u00e9 is a diligent and systematic mineral exploration company focused on the discovery of large high-grade gold and copper-gold deposits. The Company undertakes exploration activities in the underexplored parts of C\u00f4te d\u2019Ivoire. Awal\u00e9\u2019s exploration success to date has culminated in a fully funded earn-in Joint Venture with Newmont Ventures Limited covering one permit and one application (the \u2018Odienn\u00e9 Project JV\u2019), where four significant gold and gold-copper-silver-molybdenum discoveries have been made.<\/p>\n<p>The Odienn\u00e9 Project JV is located within Awal\u00e9\u2019s greater Odienn\u00e9 Copper-Gold Project (the \u2018Project\u2019) which consists of 2,462 km2 of tenure in the Northwest of C\u00f4te d\u2019Ivoire. The Odienn\u00e9 Project JV consists of 400 km2 of granted tenure and 400km2 under application, or approximately 30% of Awal\u00e9\u2019s total holding in the district. The Company announced 26 g\/t gold over 57 m, including 45.7 g\/t gold over 32 m from 165 m downhole at the Charger Prospect and the discoveries have significant scope for growth and resource development. The Project has multiple pipeline prospects that have similar geochemical fingerprints to Iron Oxide Copper Gold (IOCG) and intrusive related mineral systems that offers significant potential for district scale discoveries. <\/p>\n<p>ON BEHALF OF THE BOARD OF<\/p>\n<p>Awale Resources Limited<\/p>\n<p>\u2018Andrew Chubb\u2019<\/p>\n<p>Andrew Chubb, CEO For additional information you are invited to visit the Awal\u00e9 Resources Limited website at www.awaleresources.com, or contact Andrew Chubb CEO (+356) 99139117, a.chubb@awaleresources.com.<\/p>\n<p>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.<\/p>\n<p>NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES\u00a0OR FOR DISSEMINATION IN THE UNITED STATES.<\/p>\n<p>To view the source version of this press release, please visit https:\/\/www.newsfilecorp.com\/release\/209433<\/p>\n<\/div>\n<p>News Provided by Newsfile via QuoteMedia<\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Awal\u00e9 Resources (TSXV: ARIC) (\u2018Awal\u00e9\u2019 or the \u2018Company\u2019) is pleased to welcome two new members and the appointment of current member Stephen Stewart as Chair of the board of directors. Mr. Robin Birchall and Mr. Derk Hartman will be stepping down from their positions, allowing for Awal\u00e9 to welcome Mr. Anthony Moreau and Mr. Karl [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":4442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/4441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=4441"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/4441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/4442"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=4441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=4441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=4441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}