10:25 AM EST - African Gold Group, Inc. : Has completed the previously announced financing whereby certain strategic investors and certain insiders of AGG have subscribed to a private placement of 74,827,188 units at a subscription price of $0.09 per Unit for aggregate gross proceeds of $6,734,446.92. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional common share of AGG at a price of $0.12 per share for a period of 36 months from the date of closing. African Gold Group, Inc.
shares V.AGG are trading down $0.005 at $0.08.