Off-market insider buying at African Gold Group, (:AGG)

Scott Richard Eldridge, a Senior Officer and Director, acquired 500,000 Common Shares on an indirect ownership basis for registered holder 087444 BC Ltd. at a price of $0.250 through a private transaction on August 10th, 2020. The insider also acquired 250,000 Warrants with an exercise price of $0.400 until August 10, 2022. This represents a $125,000 investment into the company's shares and an account share holdings change of greater than 100%.

African Gold Group, is in the Gold Sub Industry Group under the Basic Materials Sector.

African Gold Group Inc is a Canada-based company, which is engaged in the identification, acquisition and exploration of properties for mining of precious and base metals. The Company's principal asset is a mining license located in Mali, West Africa, namely the Kobada Project. The Kobada Project is a gold exploration project with the potential to produce more than 50,000 ounces of gold per annum. The Company's other project is the Madougou Gold Project in Burkina Faso. The Madougou Gold Project is a mid-stage exploration project, located in the north-western region of Burkina Faso. The Company's subsidiaries are: 2516232 Ontario Inc, AGG Barbados Ltd, AGG Ghana Ltd, AGG Mali SARL and Arziki Mining Ltd.