SOURCE: Gold Bag, Inc.

February 28, 2011 10:00 ET

Gold Bag, Inc. Engages Financial Advisors, Danby Technologies Corporation

RENO, NV--(Marketwire - February 28, 2011) - Gold Bag, Inc. (OTCBB: GBGI), operating as Focus Gold Corp, has entered an Advisory Consulting Agreement ("the Agreement") with Danby Technologies Corporation ("Danby") of British Columbia, Canada for the provision of advisory and financial services to the company.

Under the terms of the Agreement, Danby will develop reporting and accounting systems for the company and its subsidiaries and prepare financial and financial pro-forma information, summaries and reports of the company, its subsidiaries or potential acquisitions including ensuring all necessary accounting and financial work required for filings is completed. Danby Technologies Corporation's president, Mr. Robert Danvers, has over thirty years of experience providing corporate advisory and financial services to public and private corporations, both domestic and international.

Company CEO, Grant R. White, stated, "We're very pleased to engage the services of Danby Technologies to handle our financial systems, accounting and public company reporting. As we grow globally it is critical that we ensure our entire financial structure and systems are designed to handle such growth. I am confident that Mr. Danvers and his team's knowledge and experience will provide the stability and quality of work required in this area."

About Danby Technologies Corporation.

Danby Technologies Corporation is a specialized financial consulting firm. Danby provides financial advisory, corporate and project development and technical and specialty services to a variety of domestic, US and International businesses in a wide range of industries and business segments.

About Gold Bag Inc.

Gold Bag Inc., operating as Focus Gold Corp., is focused on the acquisition and development of gold mining properties throughout the world. Focus Gold's projects include two properties in the Timmins Mining District in Canada through an option agreement with Victoria Gold, the Huicicila and Focus 1 properties in Mexico through the company's wholly owned subsidiary Focus Gold Mexico Corp., and the pending acquisition of Metallum Resources PLC, holder of exploration licenses in Northern Ireland, Republic of Ireland and Scotland through the company's wholly owned subsidiary, Focus Celtic Gold Corporation. For further information please visit www.focusgoldcorp.com.

Contact Information

  • Gold Bag, Inc.
    Grant White
    CEO
    (416) 593-8034 ext. 2115

    Investor Relations:
    Desert Son
    (623) 465-0844

    Or

    Small Cap Power
    Mark Thorburn
    416 646-1941