SOURCE: Gold Bag, Inc.

March 31, 2011 09:30 ET

Gold Bag's Focus Gold Corp. to Seek a Second Listing on a Recognized Global Exchange

RENO, NV--(Marketwire - March 31, 2011) -   Gold Bag, Inc. (OTCBB: GBGI), operating as Focus Gold Corp., has commenced the process of seeking a second listing on either the TSX Venture Exchange or a recognized European exchange. The Company has recently retained advisors to assist with determining the optimal exchange for the Company to list its shares and it is expected to make a decision within the next few weeks.

Grant White, CEO of Focus Gold Corp., commented, "Over the past several weeks I have met with institutional and retail investors worldwide. It is clear from these visits that there is significant interest in the Focus Gold Corp story and our overall business strategy; however, the majority of these investors would like to see the Company listed on either the TSX-V or a recognized European exchange. By obtaining a second listing we expect to have greater access to capital, broader global investor interest and improved trading liquidity."

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, Focus 1 and Focus 2 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