African Gold Group, Inc.

Stock Data:

Capitalization as of March 31, 2009:
Stock	Authorized Shares	Outstanding Shares
Common no par	Unlimited	59,247,968

LONG TERM DEBT: None. UNITS SOLD PRIVATELY: April 14, 2004, the company completed a private placement of 3,571,429 units at a price of Canadian Dollar (C$) 2.80 per unit for aggregate gross proceeds of C$10,000,000. Each unit consisted of one Common share and one-half of one Common share purchase warrant. Each whole Common share purchase warrant entitled the holder to purchase one Common share at a price of C$3.60 for a period of 18 months from Apr. 14, 2004. March 13, 2007, the company closed a brokered private placement of 2,542,000 units at C$1.75 per unit for gross proceeds of C$4,448,500. Each unit consisted of one Common share and one-half of one Common share purchase warrant. Each whole warrant entitled the holder to purchase one Common share at C$2.25 per share for a period of two years. In connection with the private placement, the company paid C$527,509 in commission and other related issuance costs, and issued 165,230 broker warrants to acquire Common shares. August 10, 2007, the company closed a brokered private placement of 5,992,309 units at C$1.05 per unit for gross proceeds of C$6,291,925. Each unit consisted of one Common share and one-half of one Common share purchase warrant. Each whole warrant entitled the holder to purchase one Common share at C$1.50 per share for a period of 18 months. In connection with the private placement, the company paid C$404,514 in commission and other related issuance costs, and issued 491,850 broker warrants to acquire Common shares. COMMON SOLD PRIVATELY: July 29, 2005, the company closed a non-brokered private placement of 1,040,000 Common shares at C$1.25 per share for gross proceeds of C$1,300,000. In connection with the private placement, the company paid a finder's fee of C$65,000 and issued 104,000 share purchase warrants. April 6, 2006, the company closed a non-brokered private placement of 2,064,500 Common shares at C$2.00 per share for gross proceeds of C$4,129,000. In connection with the private placement, the company paid a finder's fee of C$186,450 based on 5% of the gross proceeds, and issued 186,450 finder's warrants to acquire Common shares. DIVIDENDS: Common no par: None. TRANSFER AGENT: Equity Transfer Services Inc., Toronto, Ontario

Common Stock
Exchange	Year	High	Low
TSX Venture Exchange	¹2008	1.2500	0.0300
	2007	2.1500	0.7000
	2006	2.5500	1.3300
	2005	1.8500	0.7000
	2004	1.6000	1.1300
¹Prices reported in Canadian Dollars.