African Gold Group appoints Tim Kestell to its Board as Independent Director alongside Jan-Erik Back stepping up to Chairman

– CANADA, Toronto –  African Gold Group, Inc. (TSX: AGG | OTC: AGGFF | FRA: 3A61) today announced the appointment of Tim Kestell to its Board as an Independent Director, as the company is seeking a dual listing on the Australian Securities Exchange, and concurrently has decided to strengthen its board of directors with the addition of an Australian domiciled, independent director.

“The decision to appoint Tim to the Board, who is well known and respected in the Australian investor community will set the Company on its trajectory to achieve its strategic goals. I would personally like to welcome Tim to the Company and wish him well as he transitions into the new role.” said CEO, Danny Callow.

The company also announced the decision of Non-Executive Chairman Scott Eldridge to step down from the Board.  Jan-Erik Back, Deputy Chairman of the Board will step up to the Chairman role.

About Tim Kestell

Tim Kestell is an accomplished executive with over 25 years of experience in the capital markets, including working for HSBC, Patersons Securities, and Euroz Securities Limited. Mr. Kestell played an instrumental role as a director and an investor in several companies in the mining sector, including Capricorn Metals and Emerald Resources NL, enabling the transition from explorer to producer stage.

About African Gold Group

African Gold Group is a TSX Venture Exchange listed exploration and development company with a focus on building Africa’s next mid-tier gold producer. The Company has a highly experienced board and management team with a proven track record in the African mining sector operating mines from development through to production. AGG’s principal asset is the Kobada Project in southern Mali, which is in an advanced stage of development having completed the 2021 definitive feasibility study and is targeting gold production of 100,000 oz per annum. As well as the initial Kobada Gold Project, other exploration locations have been identified on the Kobada, Farada, and Kobada Est concessions, offering the potential for an increase in resources.

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Talent4Boards Team