Canaf Group Inc.

Canaf Group Inc.

July 12, 2007 15:12 ET

Canaf Group Inc.: Resignation of Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2007) - Canaf Group Inc. (TSX VENTURE:CAF) announced that it has accepted the resignation of Allan J. Beaton as Director of the Corporation effective June 26, 2007.

Allan has worked with Canaf from its inception as Uganda Gold Mine LTD where he acted as President and co-founder. He has played an integral part in the early development of the company. Allan will continue to work closely with Canaf as a consultant to the company.

David Way, President and CEO stated, "We wish to thank Allan for his support and dedication over the years and wish him well in his new ventures. We are pleased that he will continue to work as a consultant to the company as we continue to develop our projects in South Africa."

On Behalf of the Board of Directors:

David Way, President and CEO

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

Contact Information

  • Canaf Group Inc.
    Brad Jefferson
    (604) 767-3977
    (604) 682-2275 (FAX)
    Ascenta Capital Partners Inc.
    Rory Quinn
    Investor Relations
    (604) 684-4743 ext. 226 or Toll Free: 1-866-684-4209
    (604) 939-1292 (FAX)