African Gold Group Closes Oversubscribed $11.1 Million Private Placement and Announces Results of the AGM TSX Venture Exchange:AGG

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) 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 (the “Offering”) for gross proceeds of C$5,474,000 (the “Final Tranche”).  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 closing of the second and final…