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| Home : African Gold Group Closes Strategic Investment and Announces Board and Management Additions |
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Apr 26
2017 |
African Gold Group Closes Strategic Investment and Announces Board and Management Additions |
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TORONTO, ONTARIO--(Marketwired - April 25, 2017) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce that it 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 (the "Units") at a subscription price of C$0.09 per Unit for aggregate gross proceeds of C$6,734,446.92. Each Unit consists of one common share and one common share purchase warrant (a "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 thirty-six (36) months from the date of closing. |
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| Source:http://www.marketwired.com/mw/release.do?id=2211684&sourceType=3 |
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