African Gold Group, Inc.
TSX VENTURE : AGG

African Gold Group, Inc.

September 28, 2015 09:00 ET

African Gold Group, Inc. Welcomes Dr. Tony Harwood to Board of Directors-Appointment Adds Depth to Mining & Finance Initiatives

TORONTO, ONTARIO--(Marketwired - Sept. 28, 2015) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the appointment of Dr. Tony Harwood to its board of directors, (the "Board"), as a Non-Executive Director. Dr. Harwood will be replacing Mr. Jean-Jacques ("JJ") Lefebvre, who has retired from the Company's Board, following six years of faithful service. The Board thanks JJ for his dedicated service and wishes him well in his future endeavors.

Dr. Antony Harwood ("Tony") is an economic geologist with over 30 years of experience in the mining industry. Tony graduated from the University of Wales, Cardiff, in the UK with a BSc (Hons) cum laude and a PhD degree in Economic Geology. His career focus has been on exploration, mine development and mining in Africa, working primarily for major and junior mining companies as a principle or as a consultant. In 2008, the company he served as CEO, won a "Special Award" at the prestigious Mines and Money Conference held in London for its outstanding and innovative sustainability work with local communities in the DRC.

Tony formerly served as President and CEO of Africo Resources, which he listed on the TSX, raising $124 million during his tenure. Prior to this Tony was Vice President Global Generative Exploration for Placer Dome Inc. from 1998 to 2006, then one of 5 major global gold mining companies. Tony is currently President and Chief Executive Officer of TSX-V listed Montero Mining and Exploration with its focus on Africa and projects situated in Tanzania and South Africa. Tony serves as a Director for East Africa Metals Inc. (Ethiopia and Tanzania) and Tesoro Minerals Corp. formerly AuRo Resource Corp. (Columbia) and was previously Executive Chairman of Universal Coal PLC (South Africa), as well as, Director of Adamus Resources (Ghana), Endeavour Mining Corp. (Ghana, Burkina Faso, Mali, Cote d'Ivoire), Auryx Gold Corp (Namibia), and Lappland Goldminers AG (Sweden & Finland). Tony was founder of Harwood International Ltd, a geological consulting company, which he operated for 10 years and prior to this he held the position of lecturer at Cardiff University, UK and Natal University, Durban, South Africa.

Mr. David S. Brown, AGG Chairman states: "Tony has established a highly successful career in the mining industry having made significant contributions to both global and growth oriented companies, over the past 30 years. His impressive track record of founding, growing and successfully realizing shareholder value for companies he is involved in, with a particular focus on the West African theatre, will be of great assistance to AGG, as it continues on its disciplined drive to production. The entire Board and Management team of AGG welcomes Tony to our Board."

About African Gold Group

African Gold Group is a Canadian exploration and development company with a strong focus on West Africa. African Gold Group is positioned to grow in value as it progresses its Kobada Gold Project through development and into production. For more information regarding African Gold Group visit our website at www.africangoldgroup.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact included herein, including without limitation, statements regarding future plans and objectives of African Gold Group; and statements regarding the ability to develop and achieve production at Kobada are forward-looking statements that involve various risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from African Gold Group's expectations have been disclosed under the heading "Risk Factors" and elsewhere in African Gold Group's documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities. African Gold Group disclaims any intention or obligation to update or revise any forward looking statements whether resulting from new information, future events or otherwise, except as required by applicable law.

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