TORONTO, ONTARIO--(Marketwired - Jun 19, 2014) - African Gold Group Inc., ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to report the final results for the bulk sampling program at its wholly-owned Kobada Gold Project in Mali, West Africa. The program was designed to emulate the Kobada deposit from surface through to bedrock. HIGHLIGHTS Average bulk sample gold grade was 63% higher than assay data from the same [...]
TORONTO, ONTARIO--(Marketwired - May 22, 2014) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the closing of its over-subscribed, previously announced, non-brokered private placement offering (the "Offering"). The Offering consisted of 20,005,208 Units (the "Unit") at a price of C$0.12 per Unit for gross proceeds of C$2,400,625. Each Unit is comprised of one common share and [...]
TORONTO, ONTARIO--(Marketwired - Apr 29, 2014) - African Gold Group, Inc. ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to report the following Board and Management appointments: The appointment of Declan Franzmann as Director, President and Chief Executive Officer ("CEO"), reporting to AGG's Board of Directors. Mr. Franzmann's immediate focus is to accelerate the completion of the Feasibility Study and oversee [...]
TORONTO, ONTARIO--(Marketwired - Mar 25, 2014) - African Gold Group Inc., ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to announce the implementation of a warrant exercise incentive program (the "Program") intended to encourage the exercise of up to 10,211,229 outstanding common share purchase warrants (the "Eligible Warrants") of the Company which were issued as part of the Company's private placement which [...]
Results Support Significant Nugget Effect TORONTO, ONTARIO--(Marketwired - Feb 11, 2014) - African Gold Group Inc., ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to report the analytical results for the first 50 bulk metallurgical test samples that were comprised of composites of reverse circulation ("RC") drill intervals that were specifically selected to emulate the Kobada deposit, from surface down through to [...]
TORONTO, ONTARIO--(Marketwired - Jan 29, 2014) - African Gold Group Inc. ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to report that local artisanal miners have discovered a one kilogram gold nugget at the Company's Kobada, Mali gold project. AGG geologists, on site at Kobada, Mali, have recorded the UTM coordinates of the discovery at 54591E, 1289982N in the vicinity of Section 800 South of the Zone 1 deposit [...]
TORONTO, ONTARIO--(Marketwired - Dec 17, 2013) - African Gold Group Inc. ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to announce that a team of engineers, under the direction of Bumigeme Inc., has completed the metallurgical test work associated with processing a total of 128 composite reverse circulation ("RC") drill intervals that emulate the Kobada deposit from surface down through to fresh bedrock. All [...]
- Feasibility Study Focused on 1,500 T/D Gravity Plant - TORONTO, ONTARIO--(Marketwired - Oct 22, 2013) - African Gold Group Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that a team of engineers, under the direction of Bumigeme Inc., is mobilizing to depart Canada, en-route to Mali, West Africa, with the specific objective of commencing and completing the metallurgical test work for AGG's [...]
TORONTO, ONTARIO--(Marketwired - Sep 5, 2013) - African Gold Group Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") announces that it has closed an offering, by way of a prospectus exempt non-brokered private placement (the "Offering"), to certain "accredited investors" in Canada and qualified off-shore investors for an aggregate of 21,428,856 units in the capital of the Company (each a "Unit") at a purchase price of [...]
TORONTO, ONTARIO--(Marketwired - Aug 23, 2013) - African Gold Group Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") announces that, as a result of a review by staff of the Ontario Securities Commission ("OSC"), the Company is issuing this news release regarding its disclosure on the Kobada gold project, located in Mali, West Africa. In order to clarify the information contained in the technical report filed on August 2 [...]
TORONTO, ONTARIO--(Marketwired - Jul 8, 2013) - African Gold Group Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce shareholders of the Company have approved all matters voted on at the Company's Annual and Special Meeting of Shareholders held on June 27, 2013 being, the:
election of management's proposed slate of directors of the Company; reappointment of BDO Dunwoody LLP, as the auditors of the [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/18/13 -- African Gold Group, Inc., (TSX VENTURE: AGG) ("AGG" or the "Company") is pleased to announce the results of a NI 43-101 compliant updated resources estimate for AGG's Kobada gold project. The resources estimate is based on the analytical results of 108,074 samples derived from a total of 1,035 drill holes consisting of both reverse circulation ("RC") and diamond drill [...]