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Category Archives: News Releases

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 […]

AFRICAN GOLD GROUP APPOINTS SGS TO PERFORM ANALYSIS OF SAMPLES PROVIDED FROM THE UPCOMING DRILLING CAMPAIGN

Published September 4, 2019.

Toronto, Canada – September 3rd, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that SGS SA (“SGS”) has been awarded the contract to assay the samples provided from the next diamond drilling campaign. As one of the world’s leading testing, inspection, verification and certification companies, SGS provides […]

AFRICAN GOLD GROUP APPOINTS AMCO DRILLING MALI SARL TO PERFORM THE NEXT KOBADA DRILLING CAMPAIGN

Published August 29, 2019.

WEST AFRICAN DRILLING SPECIALISTS Toronto, Canada – August 29th, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that AMCO Drilling Mali SARL (“AMCO”), has been awarded the contract to perform the upcoming diamond drilling campaign in order to confirm and add to the current resource. AMCO is […]

AFRICAN GOLD GROUP CLOSES PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT AT $3 MILLION

Published August 27, 2019.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES August 27, 2019, Toronto, Ontario – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce it has closed its previously announced non-brokered private placement for gross proceeds of approximately $3 million (the “Offering”). In connection […]

AFRICAN GOLD GROUP ANNOUNCES $5 MILLION PRIVATE PLACEMENT AND PROVIDES CONSTRUCTION UPDATE ON THE NEW CAMP

Published August 22, 2019.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES   Toronto, Canada – August 22, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that due to high demand for the non-brokered private placement of the Company announced on August 14, 2019, […]

AFRICAN GOLD GROUP APPOINTS MINXCON CONSULTING (PTY) LTD. TO MANAGE THE NEXT KOBADA DRILLING CAMPAIGN

Published August 20, 2019.

Toronto, Canada – August 21, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that Minxcon Consulting (Pty) Limited (“Minxcon”), has been awarded the contract to oversee and manage the upcoming diamond drilling campaign in order to confirm and add to the current resource. Minxcon is an Africa-focused […]

AFRICAN GOLD GROUP AWARDS CONTRACT FOR THE KOBADA GOLD PROJECT FEASIBILITY STUDY

Published August 19, 2019.

Toronto, Canada – August 19, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that SENET (Pty) Ltd, (“SENET”), has been awarded the contract to deliver an updated definitive feasibility study for the Kobada Gold Project (the “Feasibility Study”). SENET is one of the leading project management and […]

AFRICAN GOLD GROUP ANNOUNCES A $3 MILLION PRIVATE PLACEMENT AND APPOINTS DANIYAL BAIZAK AS VP CORPORATE DEVELOPMENT

Published August 14, 2019.

TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that Daniyal Baizak has been appointed VP Corporate Development. Mr. Baizak will spearhead the ongoing business development efforts for AGG, seeking additional attractive growth opportunities, while the Company organically moves from a developer to […]

AFRICAN GOLD GROUP APPOINTS DANNY CALLOW AS CHIEF OPERATING OFFICER

Published August 13, 2019.

STRONG LEADER TO BUILD AGG INTO MID-TIER GOLD PRODUCER Toronto, Canada – August 13, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that Danny Callow has agreed to join the Company as Chief Operating Officer. Mr. Danny Callow, over his more than 20-year mining career, has built […]

AFRICAN GOLD GROUP APPOINTS STAN BHARTI AS CHIEF EXECUTIVE OFFICER

Published August 7, 2019.

Toronto, Canada – August 7, 2019 – African Gold Group Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that Stan Bharti has agreed to join the Company as Chairman and Chief Executive Officer on a permanent basis. Previously Mr. Bharti was acting as Interim Chief Executive Officer. Mr. Bharti, through his affiliation […]

AFRICAN GOLD GROUP CLOSES PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT AT $2.9 MILLION

Published June 28, 2019.

Toronto, Canada – June 28, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce it has closed its previously announced non-brokered private placement for gross proceeds of approximately $2.9 million (the “Offering”). In connection with the Offering, the Company issued 13,999,191 units (each, a “Unit”) at a price […]

AFRICAN GOLD GROUP ANNOUNCES CANCELLATION OF STOCK OPTIONS

Published June 14, 2019.

Toronto, Canada – June 14, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) announces that the Company has agreed with certain directors, officers, consultants and employees of the Company to cancel an aggregate of 1,500,002 stock options (the “Cancelled Options”) previously held by such directors, officers, consultants and employees. Under the Company’s rolling […]

AFRICAN GOLD GROUP PROVIDES CORPORATE UPDATE AND STOCK OPTION GRANT

Published June 3, 2019.

Toronto, Canada – June 03, 2019 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that Mr. Stan Bharti has been appointed the chairman of the board of directors and interim President & CEO of the Company. Mr. Bharti is a professional engineer, international financier, and seasoned entrepreneur. He has more […]

AFRICAN GOLD GROUP ANNOUNCES $5 MILLION PRIVATE PLACEMENT AT $0.21 PER UNIT

Published May 29, 2019.

Toronto, Canada – May 29, 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 23,809,500 units (a “Unit”) at a price of $0.21 per Unit for gross proceeds of up to $5,000,000.00 (the “Offering”). Each Unit will consist of one […]

AFRICAN GOLD GROUP COMPLETES SHARE CONSOLIDATION

Published April 15, 2019.

Toronto, Canada – April 15, 2019 – African Gold Group Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has received final TSX Venture Exchange approval to complete its previously announced share consolidation. Effective at the opening on April 17, 2019, the common shares of AGG will commence trading on the […]

AFRICAN GOLD GROUP RECEIVES SHAREHOLDER APPROVAL FOR SHARE CONSOLIDATION

Published April 4, 2019.

Toronto, Canada – April 4, 2019 – African Gold Group Inc. (TSX-V: AGG) (“AGG” or the “Company”) announces that at the special meeting of the shareholders of the  Company held on April 4, 2019, AGG shareholders have approved the share consolidation of the Company’s common shares on the basis of up to 7.5 existing common […]

AFRICAN GOLD GROUP ANNOUNCES BOARD UPDATE

Published March 26, 2019.

Toronto, Canada – March 26, 2019 – African Gold Group Inc. (TSX-V: AGG) (“AGG” or the “Company”) announces that Stephan Theron has resigned as Chairman and Director of the Company, effective immediately. African Gold Group would like to thank Mr. Theron for his contributions to the Company and wish him well with his future endeavours. […]

AFRICAN GOLD GROUP ANNOUNCES INTENTION TO CONSOLIDATE SHARES

Published March 15, 2019.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES March 15, 2019, Toronto, Ontario – African Gold Group. (TSX-V: AGG) (“AGG” or the “Company”) announces its intention to seek the necessary approvals to consolidate its common shares. The Company has called a special meeting of common shareholders (the “Meeting”) […]

AFRICAN GOLD GROUP ANNOUNCES SHARES FOR SERVICES SETTLEMENT

Published February 14, 2019.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES February 14, 2019, Toronto, Ontario – African Gold Group. (TSX-V: AGG) (“AGG” or the “Company”) announces that pursuant to an engagement agreement entered into with an arm’s length service provider of the Company (the “Service Provider”), AGG has agreed to […]

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