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DISCLAIMER FOR INFORMATION FOUND ON THIS WEBSITE

CAUTIONARY STATEMENT

Forward-Looking Statements

This website contains forward-looking information within Canadian securities laws (collectively "forward-looking statements") concerning the anticipated developments in the operations of Awalé Resources Limited (the “Company”) in future periods, its planned exploration activities, the adequacy of its financial resources and other events or conditions that may occur in the future. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent that they involve estimates of the mineralisation that will be encountered if the property is developed. Any statements that express or involve predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "plans", "projects", "estimates", "assumes", "intends", "strategy", "goals", "objectives", "potential" or variations thereof, or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements on this website speak only as of the date specified in such statement or where there is no date specified in such statement, as of the “Last Updated” date showing at the bottom of the webpage where the statement appears 2018.

The following table outlines certain significant forward-looking statements contained on this website and provides the material assumptions used to develop such forward-looking statements and material risk factors that could cause actual results to differ materially from the forward-looking statements.

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Inherent in forward-looking statements are risks, uncertainties and other factors beyond the control of the Company’s ability to predict or control. Please make reference to those risk factors referenced in the “Risk factors” section above. Readers are cautioned that the above chart does not contain an exhaustive list of the factors or assumptions that may affect the forward-looking statements, and that the assumptions underlying such statements may prove to be incorrect. Actual results and development are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements outlined on this webpage.

Forward-looking statements include known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-looking statements. All forward-looking statements herein are qualified by the cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise review any forward-looking statements whether as a result of new information or future events or otherwise, except as may be require by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law.

For more information, please see the discussion of risks affecting the Company and its business in the Company’s Management’s Discussion & Analysis for the twelve months ended December 31, 2017 and 2016, a copy of which is available on this website and at www.sedar.com.

Technical Information

Andrew Chubb, Awalé’s Chief Operating Officer and "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has verified the technical information presented on this website.

Neither 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 website.