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African Gold Group, Inc. is pleased to announce the results of the Definitive Feasibility Study for the Kobada Gold Project in Southern Mali. The DFS was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and will be filed by the Company during October. Highlights include: Significant Production Potential 3 Mtpa operation producing 1.2 Moz of gold over a 16-year ...

The firm is advancing its Kobada gold project towards a mine, targeting production of 100,000 ounces a year by the second quarter of 2022

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed its previously announced C$4 million non-brokered private placement financing of common shares (the “Offering”) on an oversubscribed basis for gross proceeds of C$4,599,921.75. Pursuant to the Offering, the Company issued 30,666,145 units of the Company (each a “Unit” and collectively, the “...