African Gold Group, Inc.
TSX VENTURE : AGG

African Gold Group, Inc.

April 01, 2009 15:56 ET

African Gold Group, Inc. Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - April 1, 2009) - African Gold Group, Inc. ("AGG" or the "Company") (TSX VENTURE:AGG) announces that, subject to regulatory approval, it has agreed to grant certain directors, officers and consultants of AGG an aggregate total of 3,050,000 incentive stock options at the exercise price of $0.10 per share for a period of five (5) years from the date of issue, being April 01, 2009.

African Gold Group, Inc., based in Toronto, Canada, is engaged in the identification, acquisition and exploration of prospective gold projects that are situated along significant gold trends within West Africa. To date, the Company controls a total of twelve gold concessions that are consolidated in five distinct standalone exploration projects, of which three projects are located in Ghana and the remaining two are located in Mali, West Africa.

Additional Information is available on the Company's website at: www.africangoldgroup.com and on www.sedar.com and through the Company's offices at: BCE Place, Canada Trust Tower, 27th Floor, 161 Bay Street, Toronto, Ontario, Canada M5J 2S1.

On Behalf of the Board of Directors:

Michael A. J. Nikiforuk, President, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information