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| Home : African Gold Group Announces Strategic Investment from Forbes & Manhattan & Corporate Update |
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Mar 07
2017 |
African Gold Group Announces Strategic Investment from Forbes & Manhattan & Corporate Update |
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TORONTO, ONTARIO--(Marketwired - March 6, 2017) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that is has agreed to a private placement into the Company whereby Forbes & Manhattan Resources Inc. ("Forbes") and certain other investors who will subscribe to a private placement of units (the "Unit") at a price of $0.09 per Unit for gross proceeds of up to approximately $7.0 million (the "Private Placement"). The subscription price represents a premium of approximately 38.7% to the last trading price of AGG common shares on March 6, 2017. |
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| Source:http://www.marketwired.com/mw/release.do?id=2200903&sourceType=3 |
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