African Gold Group Appoints Douglas Jendry to the Board of Directors
05 August 2021 - 6:30AM
African Gold Group, Inc. (TSX-V: AGG) (“
AGG” or
the “
Company”) is pleased to announce the
appointment of Douglas Jendry to the Board of Directors (the
“Board”) of the Company.
Mr. Jendry is an accomplished executive with
over 30 years of international experience in mining and capital
markets. Mr. Jendry has been involved as an executive and
non-executive director for several mining companies with particular
focus on companies listed in Australia and London. He has served as
Chairman of Capricorn Metals and Talon Energy and Chief Executive
Officer of Impress Energy and has graduated from Murdoch University
as a geologist. Danny Callow, CEO of African Gold Group,
commented:
“On behalf of the Board and the Company, we are
pleased to welcome Douglas Jendry to African Gold Group. Mr. Jendry
brings a diverse set of expertise as an accomplished executive
which will help us with our continued focus on diversifying our
shareholder base and expanding into Australian market.”
About African Gold Group
African Gold Group is a TSX Venture Exchange
(TSX-V: AGG) listed exploration and development company with a
focus on building Africa’s next mid-tier gold producer. The Company
has a highly experienced board and management team with a proven
track record in the African mining sector operating mines from
development through to production. AGG’s principal asset is the
Kobada Project in southern Mali, which is in an advanced stage of
development having completed the 2020 definitive feasibility study
and is targeting gold production of 100,000 oz per annum. As well
as the initial Kobada Gold Project, other exploration locations
have been identified on the Kobada, Farada and Kobada Est
concessions, offering potential for an increase in resource. For
more information regarding African Gold Group visit our website at
www.africangoldgroup.com.
For more information:
Danny Callow President and Chief Executive Officer+(27) 76 411
3803 Danny.Callow@africangoldgroup.com
Scott EldridgeNon-Executive Chairman of the Board(604)
722-5381Scott.Eldridge@africangoldgroup.com
Daniyal Baizak VP Corporate Development (647)
835-9617Daniyal.Baizak@africangoldgroup.com
Camarco (Financial PR)Gordon Poole Nick Hennis +44 (0) 20 3757
4997 AfricanGoldGroup@camarco.co.uk
Cautionary statements
This press release contains “forward-looking
information” within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements regarding, processing of sulphide materials,
appointment of officers and the grant of incentive stock options.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as “plans”, “expects” or “does
not expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will be taken”, “occur” or “be achieved”.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of AGG to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to: receipt
of necessary approvals; general business, economic, competitive,
political and social uncertainties; future prices of mineral
prices; accidents, labour disputes and shortages and other risks of
the mining industry. Although AGG has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that
such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. AGG does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
This news release does not constitute an offer
to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any state securities laws
and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
NEITHER 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.
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