TORONTO, ONTARIO--(Marketwired - July 8, 2013) - African Gold Group, Inc., (News - Market indicators) ("AGG" or the "Company") is pleased to announce shareholders of the Company have approved all matters voted on at the Company's Annual and Special Meeting of Shareholders held on June 27, 2013 being, the:

1. election of management's proposed slate of directors of the Company;
2. reappointment of BDO Dunwoody LLP, as the auditors of the Company to hold such office until the close of the next annual meeting of shareholders;
3. passing of a special resolution empowering the directors to determine the number of directors of the Company; and
4. approval of the amendments to the Company's by-laws.

More specific details of the matters approved at the meeting are set forth in a management information circular of the Company dated May 27, 2013 and posted on the System for Electronic Data Analysis and Retrieval (SEDAR) at www.sedar.com.

African Gold Group, Inc., based in Toronto, Canada, is fully focused on transitioning from an exploration / development company into a gold producer. In conjunction with this objective, a full Feasibility Study is currently underway for AGG's Kobada, Mali gold project. The Company is projecting the Feasibility Study will be completed in Q3/2014, at which time, the Company will submit an application to obtain an Exploitation License to the appropriate Malian authorities.

Additional Information is available on the Company's website at www.africangoldgroup.com and on www.sedar.com and through the Company's offices at: Sun Life Financial Tower, Suite 2518, 150 King St. West, Toronto, Canada M5H 1J9.

Neither the 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.