06:20 AM EDT, 06/12/2025 (MT Newswires) -- Fortuna Mining ( FSM ) late on Wednesday said it has acquired about 15% of Awale Resources ( AWLRF ) , which is advancing properties at the Odienne project in Cote d'Ivoire.

The shares were acquired through a non-brokered private placement transaction at US$0.399 per share for total proceeds of US$6 million.

"Awale's Odienne Project represents a compelling opportunity for Fortuna in Cote d'Ivoire," said Paul Weedon, senior vice president of exploration at Fortuna. "This investment strengthens Fortuna's exploration pipeline in Cote d'Ivoire and is aligned with our long-term growth strategy."

Fortuna's share price was at last look up 0.2% to US$6.89 in U.S. pre-market trading on Thursday.