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ARIC.V ·

Awalé Resources Stock Option Grant

Share Capital & Compensation

Awalé Resources Stock Option Grant

Vancouver, BC, February 14, 2024, Awalé Resources Limited. (ARIC-TSX.V) (the "Company" or “Awalé”)

wishes to announce that it has granted an aggregate 1, 450,000 stock options to directors/officers,

employees and consultants with an exercise price of C$0.12. An aggregate 3 50,000 of the options are

subject to vesting and all but 100,000 of the remaining options (1,350,000) granted have a 5 year term

with an expiry of February 6, 2029. The remaining 100,000 expire in 2 years on February 6, 2026.

ON BEHALF OF THE BOARD

AWALE RESOURCES LIMITED

"Andrew Chubb"

Andrew Chubb, CEO

For additional information, you are invited to visit the Awalé Resources Limited website at

www.awaleresources.com, or contact Kathryn Witter, at Tel: 604.410.2277 or Andrew Chubb

[email protected].

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.