African Gold Group, Inc.
TSX VENTURE : AGG

African Gold Group, Inc.

September 04, 2014 09:00 ET

AGG Appoints David Brown as Company Chairman

TORONTO, ONTARIO--(Marketwired - Sept. 4, 2014) - African Gold Group, Inc. (TSX VENTURE:AGG) ("African Gold Group" or the "Company") is pleased to announce that the Board of Directors have appointed David Brown as Non-Executive Chairman of the Company.

Mr. Brown has been a member of AGG's Board of Directors for 11 years and has played a significant role in shaping the Company. He has been instrumental in the Company's corporate governance and in recognition of his influence he has been appointed to the role of Non-Executive Chairman.

Mr. Brown is a senior partner at the law firm of WeirFoulds LLP. Voted as one of Canada's Best Lawyers™ in Corporate Law 2013 and 2014, he is also a recognized practitioner in the area of Corporate Governance and Finance. David co-founded the Toronto Venture Group™, the Toronto Angel Group™ (TAG), (which became the Maple Leaf Angels™) and was the Founding President and currently sits on the Board of the Private Capital Markets Association of Canada™ (formerly the Exempt Market Dealers Association of Canada™). David has been a Director of a number of public, private and charitable organizations, including Make-a-Wish Foundation of Toronto & Central Ontario.

President and CEO of African Gold Group Mr. Declan Franzmann, FAusIMM, comments, "I welcome David to the critical role of Company Chairman. The progression of the Kobada Gold Project from exploration to production requires a corresponding enhancement of the capability and skill of the Board of Directors. This appointment strengthens David's position on the Board and reflects the great value that the entire Board places on effective corporate governance."

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 a feasibility study, development and into production. For more information regarding African Gold Group visit our website at www.africangoldgroup.com.

On Behalf of the Board:

Declan Franzmann, President and CEO

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.

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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