TORONTO, ONTARIO--(Marketwire - Jan. 17, 2012) - NOT FOR...

TORONTO, ONTARIO--(Marketwire - Jan. 17, 2012) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Azumah Resources Limited ("Azumah" or the "Company") (TSX:AZR.TO - News) (ASX:AZM.AX - News) announced today that it has filed and received a receipt for a preliminary short form prospectus in connection with an offering of ordinary shares (the "Shares") of the Company (the "Offering") in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island, and in other jurisdictions pursuant to applicable exemptions.

The Company intends to use the net proceeds of the Offering to accelerate the exploration of the Wa Gold Project located in Ghana (the "Wa Gold Project"), as well as to complete the related feasibility study and advance permitting and other pre-construction expenditures relating to development of the Wa Gold Project and general corporate and working capital purposes.

The Offering is being conducted by Casimir Capital Ltd. and RBC Capital Markets. Final pricing and determination of the number of Shares to be sold pursuant to the Offering will be agreed in the context of the market.

The Offering is scheduled to close on or about February 2, 2012 and is subject to the approval of the Australian Securities Exchange, the Toronto Stock Exchange and applicable securities regulatory authorities.

Have to start questioning Management's strategies with the large purchase of CDT shares last year and still no results and no reserve upgrade months after an indicated timeframe. A positive and substantial announcement must now be released to the market to return credibility to management and most importantly maintain the current share price level in the next 2 weeks.