African Gold Group Inc. is pleased to announce that it has partnered with SAFe Ltd. , a company specialising in providing best in class advice and solutions for companies looking for provenance and transparency in their supply chains, advice on current and impending regulations, and improvement in ESG standards. As a first phase, SAFE has created a Digital Supply Chain Map for AGG which will enable it to assess and address all risks along its future supply chain which could be subject to corruption or affected by conflict minerals regulation. The Digital Supply Chain Map also provides the backbone for implementing the right technology to show provenance and traceability. By beginning the process prior to operation allows the Company to develop a robust and risk-... [...]
African Gold Group Inc. would like to announce that the Company continues to monitor the evolving political situation in Mali. Operations at Kobada Gold Project in Southern Mali remain unaffected and the Company is continuing its preparations for the upcoming exploration program, with 2 drill rigs already on site. The health and safety of AGG's employees is our utmost priority. Regular updates will be provided as [...]
African Gold Group Inc. is pleased to announce that it has closed, on an oversubscribed basis, the second and final tranche of its previously announced C$10,000,000 non-brokered private placement financing of common shares for gross proceeds of C$5,474,000 . Together with the closing of the first tranche of the Offering, the Company raised gross proceeds of $11,084,000. “I am very pleased to report the over-subscribed [...]
African Gold Group Inc. is pleased to announce that it has closed, on an oversubscribed basis, the first tranche of the previously announced C$5,000,000 non-brokered private placement financing of common shares for gross proceeds of C$5,590,000 , see press release from July 22, 2020. Pursuant to the First Tranche, the Company issued 22,360,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of [...]
African Gold Group Inc. is pleased to announce a non-brokered private placement financing of up to 20,000,000 units at a price of $0.25 per Unit for gross proceeds of up to $5,000,000.00 . Each Unit will consist of one common share of the Company and one half of one common share purchase warrant , with each Warrant entitling the holder to acquire one additional common share of the Company at an exercise price of $0.40 for [...]
African Gold Group Inc. is pleased to announce that an updated technical report under National Instrument 43-101 for the definitive feasibility study on Kobada Gold Project has been filed on SEDAR , pursuant to the June 17, 2020 press release. "We are very excited to deliver this DFS update, which shows a marked improvement over the 2016 Feasibility Study. We are pleased to announce significantly improved project [...]
African Gold Group Inc. is pleased to announce that an updated technical report under National Instrument 43-101 for the definitive feasibility study on Kobada Gold Project has been filed on SEDAR , pursuant to the June 17, 2020 press release. "We are very excited to deliver this DFS update, which shows a marked improvement over the 2016 Feasibility Study. We are pleased to announce significantly improved project [...]
African Gold Group Inc. would like to invite interested shareholders and the general public to join Danny Callow, Chief Executive Officer, Andy Rompel, VP Exploration, Scott Eldridge, Non-Executive Chairman and Jan-Erik Back, Vice Chairman, for a live webinar discussing recently updated definitive feasibility study for its Kobada Gold Project. The investor webinar will take place on Thursday, June 25 at 10:00 am [...]
African Gold Group Inc. would like to invite interested shareholders and the general public to join Danny Callow, Chief Executive Officer, Andy Rompel, VP Exploration, Scott Eldridge, Non-Executive Chairman and Jan-Erik Back, Vice Chairman, for a live webinar discussing recently updated definitive feasibility study for its Kobada Gold Project. The investor webinar will take place on Thursday, June 25 at 10:00 am [...]
African Gold Group Investor Webinar African Gold Group is hosting an investor webinar to discuss the recently updated feasibility study for its Kobada Gold Project on Thursday, June 25 at 10:00 am . Members of the AGG management team will be giving short presentations on highlights from the Study. Registration Link https://us02web.zoom.us/webinar/register/WN_vE_r8d_zSduQ4qaxb1aE_A TORONTO, June 23, 2020 -- African Gold[...]
African Gold Group Investor Webinar African Gold Group is hosting an investor webinar to discuss the recently updated feasibility study for its Kobada Gold Project on Thursday, June 25 at 10:00 am . Members of the AGG management team will be giving short presentations on highlights from the Study. Registration Link https://us02web.zoom.us/webinar/register/WN_vE_r8d_zSduQ4qaxb1aE_A TORONTO, June 23, 2020 -- African Gold[...]
African Gold Group Inc. is pleased to provide a National Instrument 43-101: Standards of Disclosure for Mineral Projects compliant updated mineral resource and reserve estimate and results of the definitive feasibility study for the Company`s Kobada Gold Project located in southern Mali. Highlights include: Average annual production of 100,000 ounces of gold per annum for the first 5 years of operation. Total gold [...]
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