SOURCE: Gold Bag, Inc.

January 31, 2011 11:41 ET

Gold Bag Proposes Name Change to Focus Gold Corporation

RENO, NV--(Marketwire - January 31, 2011) - Gold Bag, Inc. (OTCBB: GBGI) -- The Gold Bag, Inc. Board of Directors has approved a proposal to change the Company's corporate name from Gold Bag, Inc. to Focus Gold Corporation. The name change remains subject to shareholder and regulatory approvals. The Company's website has been launched at www.focusgoldcorp.com.

Company CEO, Grant White, commented on the proposed name change, "Changing our name to Focus Gold Corporation better reflects our business strategy and professional operating standards. We look forward to achieving shareholder and regulatory approvals as soon as practicably possible."

About Gold Bag, Inc.

Gold Bag, Inc. is focused on the acquisition and development of gold mining properties primarily in the Americas including a recently-signed option agreement with Victoria Gold for two properties in the Timmins Mining District and through its wholly owned subsidiary Focus Gold Mexico Corp., the Huicicila mine in Mexico. 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
    Kurt Schemers
    (623) 465-0844

    Or

    Small Cap Power
    Mark Thorburn
    (416) 646-1941