OTC Markets Group Welcomes Awalé Resources Limited to OTCQX
Globenewswire·2025-07-29 11:00

Core Viewpoint - Awalé Resources Limited has qualified to trade on the OTCQX Best Market, enhancing its visibility and access to U.S. capital markets, which is expected to expand its investor base and support its exploration efforts in Côte d'Ivoire [1][4]. Company Overview - Awalé Resources Limited is a systematic mineral exploration company focused on discovering high-grade gold and copper-gold deposits, currently exploring the Odienné Copper-Gold Project in Côte d'Ivoire, covering 2,346 km across seven permits [5][6]. - The company has discovered four mineralized systems within its joint venture with Newmont and has begun exploration on its 100%-owned properties [6][5]. Exploration Potential - The Odienné Project is characterized as underexplored with multiple prospects that have geochemical signatures similar to Iron Oxide Copper Gold (IOCG) systems, indicating substantial upside potential [7]. - The company benefits from a skilled technical team and operates in a pro-mining jurisdiction, which enhances its potential for district-scale discoveries [7]. Market Access - Trading on the OTCQX Market provides companies with efficient and cost-effective access to U.S. capital markets, allowing them to utilize home market reporting for U.S. investors [3]. - Companies must meet high financial standards and adhere to best practice corporate governance to qualify for OTCQX [3].

OTC Markets Group Welcomes Awalé Resources Limited to OTCQX - Reportify