African Gold Group Annual and Special Shareholder Meeting

TORONTO, ONTARIO -- (Marketwire) -- 07/05/12 -- African Gold Group, Inc., ("AGG" or the "Company") (TSX VENTURE: AGG) 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 29, 2012 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; and

3.  passing of a special resolution empowering the directors to determine
    the number of directors of the Company.

More specific details of the matters approved at the meeting are set forth in a management information circular of the Company dated May 18, 2012 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 engaged in the identification, acquisition and exploration of prospective gold projects that are situated along significant gold trends within West Africa. To date, the Company controls a total of eleven gold concessions that are consolidated in four distinct stand alone exploration projects, of which three projects (Asankrangwa, Mankranho & Nyankumasi) are located in Ghana and one project (Kobada) is located in Mali, West Africa.

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.

Contacts:

African Gold Group, Inc.

Michael A. J. Nikiforuk

(416) 644-8892 ext. 101
info@africangoldgroup.com