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Awale Resources Appoints Michael Dorfman to Its Board; Replaces Karl Akueson

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Awale Resources (ARIC.V) appointed Michael Dorfman to its board of directors, replacing Karl Akueson, who stepped down from the board, effective immediately, it said Monday.

Dorfman has served as executive vice president of Corporate Development at DPM Metals (DPM.TO), Awale said in a news release.

"His extensive experience in corporate development, strategic transactions, M&A, and capital markets, together with his deep understanding of the global mining industry, will be a tremendous asset as we continue to advance the Odienne Project and execute on our growth strategy," said Chief Executive Officer Andrew Chubb.

The company's shares were last seen up C$0.08, or 9%, to C$0.97 on the TSX Venture Exchange.

Price: $0.98, Change: $+0.09, Percent Change: +10.11%

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