TORONTO, ONTARIO--(Marketwired - Jan 6, 2016) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that it has entered into a transaction with respect to the sale of AGG Ghana Limited (AGG Ghana), the Company's 100% owned Ghanaian subsidiary. All of the Company's assets in Ghana are held in AGG Ghana. The sale of the subsidiary achieves the Company's stated aim of monetizing [...]
TORONTO, ONTARIO--(Marketwired - Nov 19, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the update of the Mineral Resource and provide a general update of progress on the Feasibility Study for the Kobada Gold Project. SUMMARY Above a cutoff grade of 0.3g/t Au, the Measured and Indicated (M&I) Mineral Resource was estimated to be 35.4 million tonnes at 1.1 g/t gold [...]
TORONTO, ONTARIO--(Marketwired - Oct 28, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the results of metallurgical test work and provide an update on the progress of the feasibility study. METALLURGICAL UPDATE The company completed additional metallurgical test work at Gekko Systems facilities in Ballarat and Bureau Veritas in Perth, Australia, as part of the [...]
TORONTO, ONTARIO--(Marketwired - Sept. 28, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the appointment of Dr. Tony Harwood to its board of directors, (the "Board"), as a Non-Executive Director. Dr. Harwood will be replacing Mr. Jean-Jacques ("JJ") Lefebvre, who has retired from the Company's Board, following six years of faithful service. The Board thanks JJ for his [...]
TORONTO, ONTARIO--(Marketwired - Sep 3, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that it has completed a non-brokered private placement offering (the "Offering") raising gross proceeds of CDN$1,231,171.40. The Offering consisted of 24,623,428 Units (the "Unit") at a price of $0.05 per Unit. Each Unit is comprised of one common share and one common share purchase [...]
African Gold Group has consented to the Company's application to extend the expiry date of certain of its outstanding common share purchase warrants. Consent was given to extend the term of 10,714,428 Warrants with an exercise price of $0.12 per common share and due to expire on September 4, 2015 by one year to September 4, 2016. These Warrants were issued pursuant to a private placement of 21,428,856 units, which closed [...]
TORONTO, ONTARIO--(Marketwired - Aug 5, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the Company has received a mining license for the Kobada Gold Project, located in Mali, West Africa on July 31, 2015 ("Kobada" or the "Project"). This is a very significant milestone in the development of Kobada to a producing gold mine and marks the completion of the key permitting [...]
TORONTO, ONTARIO--(Marketwired - Jul 8, 2015) - African Gold Group Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the appointment of Mr. Georges Cohen to its Board of Directors, effective June 22, 2015. Mr. Cohen is past President and CEO of the most important subsidiary of Europe's largest multinational IT services company, Cap Gemini, headquartered in Paris France. Mr. Cohen was the founder of [...]
TORONTO, ONTARIO--(Marketwired - Jun 4, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to advise that on June 2, 2015 the Company received the environmental approvals for a mining operation at its 100% owned Kobada gold project, located in Mali, West Africa ("Kobada" or the "Project"). This is an important milestone in the development of Kobada as the granting of the environmental [...]
TORONTO, ONTARIO--(Marketwired - Jun 3, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to advise that on June 2, 2015 the Company received the environmental approvals for a mining operation at its 100% owned Kobada gold project, located in Mali, West Africa ("Kobada" or the "Project"). This is an important milestone in the development of Kobada as the granting of the environmental [...]
TORONTO, ONTARIO--(Marketwired - Mar 18, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that it has completed a non-brokered private placement offering (the "Offering") raising gross proceeds of CDN$1,289,821.85. The Offering consisted of 25,796,437 Units (the "Unit") at a price of $0.05 per Unit. Each Unit is comprised of one common share and one-half (1/2) of one [...]
TORONTO, ONTARIO--(Marketwired - Mar 11, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of CDN$1,289,821.85. The Offering will consist of 25,796,437 Units (the "Unit") at a price of $0.05 per Unit. Each Unit is comprised of one common share and one-half (1/2) of [...]