African Gold Group Inc has revealed that it is making good progress towards its Australian listing.
The African-focused gold company said it has advanced preparations for its ASX listing and is “working closely" with the exchange to satisfy all requirements.
The resource group’s principal asset is the Kobada project in southern Mali, which is in an advanced stage of development after a 2021 definitive feasibility study. African Gold is targeting gold production of 100,000 ounces per year at Kobada.
READ: African Gold Group announces plans for ASX dual listing as it tweaks its board
The firm has also identified other exploration locations on the Kobada, Farada and Kobada Est concessions, which it feels offers the potential for an increase in resource.
Toronto-based African Gold Group is also listed on the TSX Venture, OTC, and Frankfurt exchanges.
The company also said it will hold its annual general meeting on Wednesday, June 8, 2022, at 11.00am ET. The meeting will be held virtually via live audio webcast online at https://virtual-meetings.tsxtrust.com/1332.
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