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Category Archives: News Releases

AFRICAN GOLD GROUP ANNOUNCES A $2 MILLION PRIVATE PLACEMENT

Published January 20, 2020.

FIRM COMMITMENTS RECEIVED WITH ANTICIPATED CLOSING DATE OF JANUARY 24, 2020 NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada – January 20, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has received firm commitments from several […]

AFRICAN GOLD GROUP CONTINUES TO INTERSECT BETTER THAN EXPECTED GOLD GRADES AT ITS KOBADA PROJECT, INCLUDING 1.67 G/T GOLD OVER 21.6 METRES AND 26.50 G/T GOLD OVER 1.0 METRES

Published January 14, 2020.

Toronto, Canada – January 14th, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report additional significant results from Phase 1 drilling program at Kobada Gold Project. The drill holes are located in the southern section of the main shear zone at AGG’s extensive land package in Southern Mali. […]

AFRICAN GOLD GROUP ANNOUNCES EXTENSION OF $5 MILLION PRIVATE PLACEMENT

Published January 1, 2020.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES December 31, 2019  Toronto, Ontario – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) announces that, further to the press release dated November 21, 2019, it has received an extension from the TSX Venture Exchange (“TSX-V“) with respect to […]

AFRICAN GOLD GROUP CONTINUES TO INTERSECT HIGHER GRADE GOLD AT KOBADA PROJECT

Published December 10, 2019.

29.70 G/T GOLD OVER 1.05 METRES WITHIN 5.34 G/T GOLD OVER 6 METRES Toronto, Canada – December 10, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce exceptional high-grade intersections at Kobada Gold Project. Results to date have returned better than expected grades in the central shear zone […]

AFRICAN GOLD GROUP MAKES SIGNIFICANT PROGRESS AT KOBADA GOLD PROJECT. CONFERENCE CALL THURSDAY DECEMBER 5TH

Published December 3, 2019.

Toronto, Canada – December 3, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide shareholders with an update on the Company`s significant progress at the Kobada Gold project and will be hosting a conference call to provide an update to its shareholders. Conference Call Details Investors can call […]

AFRICAN GOLD GROUP INTERSECTS FURTHER EXCEPTIONAL HIGH-GRADE GOLD

Published November 26, 2019.

•SECOND HOLE INDICATING SIGNIFICANT UPSIDE AT KOBADA GOLD PROJECT INTERSECTING 1.59 G/T GOLD OVER 11.0 METRES INCLUDING 19.0 G/T OVER 0.8 METRES Toronto, Canada – November 26, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is extremely pleased to announce further exceptional high-grade intersections at the Kobada Gold Project. The recent […]

AFRICAN GOLD GROUP ANNOUNCES A $5 MILLION PRIVATE PLACEMENT

Published November 21, 2019.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada – November 21, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce a non-brokered private placement financing of up to 14,285,714 units (a “Unit”) at a price of $0.35 per Unit […]

AFRICAN GOLD GROUP INTERSECTS 0.95 G/T GOLD OVER 44 METRES INCLUDING 11.95 G/T GOLD OVER 1.55M AND 5.96 G/T GOLD OVER 1.0M

Published November 21, 2019.

FIRST HOLE IN CENTRAL PORTION OF MAIN SHEAR Toronto, Canada – November 21, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is extremely pleased to release the first drill hole from the Central part of the Kobada Main Shear Zone (Figure 1 and Table 1). The very high-grade intersections clearly indicate […]

AFRICAN GOLD GROUP INTERSECTS HIGH-GRADE AT KOBADA GOLD PROJECT

Published November 18, 2019.

Toronto, Canada – November 18th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has completed the first three lines of drilling and has encountered significant intersections at its drilling program at the Kobada gold project. The drilling program, designed to build on the existing mineral […]

AFRICAN GOLD GROUP APPOINTS ABS AFRICA TO CONDUCT ESIA AT KOBADA GOLD PROJECT

Published November 12, 2019.

Toronto, Canada – November 12, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that Advisory on Business and Sustainability Africa (Pty) Ltd (“ABS Africa”) was appointed to undertake the Environmental and Social Impact Assessment (the “ESIA”) as well as the Environmental Permitting Process for AGG’s Kobada Gold […]

AFRICAN GOLD GROUP PROVIDES UPDATE ON PROJECT TIMELINE

Published November 5, 2019.

Toronto, Canada – November 5th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update on the Company`s project deliverables at Kobada Mine Site. “I am happy to report an update on the schedule for completion of our current work program to deliver a definitive feasibility study […]

AFRICAN GOLD GROUP APPOINTS MAELGWYN MINERAL SERVICES AFRICA TO CONDUCT METALLURGICAL TESTING

Published October 31, 2019.

Toronto, Canada – October 31st, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that a world renowned metallurgical test facility has been contracted to help optimize both gold recovery and project economics at the Kobada Gold project. SENET, the EPCM company managing the Definitive Feasibility study for […]

AFRICAN GOLD GROUP PROVIDES SHAREHOLDER UPDATE

Published October 28, 2019.

Toronto, Canada – October 28th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide shareholders with an update on the Company`s developments at Kobada Gold project. “I am very pleased to present an update about the progress made and our plans for the future at the Kobada Project” […]

AFRICAN GOLD GROUP ANNOUNCES CHANGE OF AUDITOR

Published October 24, 2019.

Toronto, Canada – October 24, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) announced that it has changed auditors from BDO Canada LLP (“BDO”) to McGovern Hurley LLP (“McGovern”), effective October 7, 2019. McGovern was appointed as the successor auditor at the Company’s annual and special meeting of shareholders held on […]

AFRICAN GOLD GROUP APPOINTS EPOCH RESOURCES TO UNDERTAKE THE FEASIBILITY STUDY OF THE TFS AND APPOINTS A NEW DIRECTOR

Published October 22, 2019.

Toronto, Canada – October 22nd, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has contracted a leading professional service provider to oversee a critical part of its infrastructure design. SENET, our engineering, procurement and construction company managing the definitive feasibility study for AGG, has contracted […]

AFRICAN GOLD GROUP COMMENCES DRILLING AT KOBADA GOLD PROJECT AND PROVIDES A BOARD UPDATE

Published October 10, 2019.

Toronto, Canada – October 10th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that its 2019 drilling program has commenced at the Kobada Gold project. The program is designed to build on the existing mineral resource estimate released in February 2016, which confirmed the strong potential of […]

AFRICAN GOLD GROUP ANNOUNCES 2019 AGM RESULTS AND EXTENSION OF $5 MILLION PRIVATE PLACEMENT

Published October 7, 2019.

Toronto, Canada – October 7th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report that the nominees listed in the management proxy circular dated September 10, 2019 were re-elected as directors of the Company at the Company’s annual and special shareholders’ meeting. AGG management would like to thank […]

AFRICAN GOLD GROUP CHIEF OPERATING OFFICER OUTLINES CORPORATE SOCIAL RESPONSIBILITY STRATEGY

Published September 24, 2019.

Toronto, Canada – September 24th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update on its community relations strategy at the Kobada project. As part of its community relationship management strategy, Chief Operating Officer (COO), Danny Callow met with Kobada Chief Dantoume Diawara and his village […]

AFRICAN GOLD GROUP RAPIDLY MOVING THE KOBADA PROJECT TOWARDS CONSTRUCTION

Published September 11, 2019.

Toronto, Canada – September 11th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce significant progress on the Kobada Project in southern Mali since July 2019. The project, which has a 2016 feasibility study with a stated resource of 2.2 million oz (NI 43-101), has embarked on a […]

AFRICAN GOLD GROUP ENGAGES LOCAL COMMUNITY

Published September 9, 2019.

Toronto, Canada – September 9th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has commenced engagement with the local communities located around the Kobada gold project. Following discussions between local leaders and representatives of the Company, several key objectives have been identified to both bolster […]

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