Attached files
| file | filename |
|---|---|
| 8-K - AFFINITY GOLD CORP. | v188569_8k.htm |
| EX-99.3 - AFFINITY GOLD CORP. | v188569_ex99-3.htm |
| EX-99.5 - AFFINITY GOLD CORP. | v188569_ex99-5.htm |
| EX-99.2 - AFFINITY GOLD CORP. | v188569_ex99-2.htm |
| EX-99.1 - AFFINITY GOLD CORP. | v188569_ex99-1.htm |
| EX-99.6 - AFFINITY GOLD CORP. | v188569_ex99-6.htm |
AFFINITY
GOLD CORP.
7950
Main Street, Suite #217
Maple
Gove, MN 55369
Symbol:
AFYG - OTCBB
May
26, 2010
NEWS
RELEASE
AFFINITY GOLD CORP.
CORPORATE UPDATE
Maple Grove, Minnesota – May 26, 2010
– Affinity Gold Corp. (OTC-BB: AFYG) (“Affinity” or “the Company”)
provides a corporate update on flagship project.
The
Company continues to be optimistic in putting its flagship project into
production once all the required funds are raised, equipment secured and
environmental requirements are met and maintained.
The
Company continues to work towards raising the remainder of the $750,000 it
previously stated it requires to move forward. The Company’s CEO,
Paul Antoniazzi states, “I’m pleased to have raised the initial $245,000 through
a private placement with an existing shareholder however the current
circumstances and environment continue to present a challenge in raising the
remaining funds needed.”
The
Company will continue to work hard towards achieving its objectives in spite of
the challenging environment for raising capital. The capital raised
will primarily go towards securing the necessary equipment and other resources
to begin initial small-scale production. In addition, the Company
continues to work with the appropriate regulators and local authorities to
ensure proper understanding of, and compliance with the, environmental impact
requirements and procedures.
CEO Paul
Antoniazzi goes on to state “we still believe that being in gold exploration and
production are the places to be focused on with gold prices still expected to
remain strong.”
About
Affinity Gold Corp.:
Affinity
Gold Corp. is a mineral exploration and development company engaged in the
acquisition, exploration and development of gold mineralization properties
internationally. Affinity Gold Corp.’s current primary focus is gold exploration
in Peru.
Through
its 99.99% owned subsidiary AMR Project Peru, S.A.C., Affinity Gold Corp. is the
owner of the mining concession title named “AMR Project” covering 500 hectares
and the mining concession certificate as evidenced by Certificate No.
7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute
of Concessions and Mining Cadastre on December 11, 2006 (the “Mining Concession
Rights”).
www.affinitygold.com
CONTACT:
Affinity Gold Corp., +1-763-424-4754, info@affinitygold.com
For
further information please refer to the Company’s filings with the SEC on EDGAR
available at www.sec.gov
FORWARD-LOOKING
STATEMENTS
This news
release may include "forward-looking statements" regarding Affinity Gold Corp.,
and its subsidiaries, business and project plans. Such forward-looking
statements are within the meaning of Section 27A of the Securities Act of 1933,
as amended, and section 21E of the United States Securities and Exchange Act of
1934, as amended, and are intended to be covered by the safe harbor created by
such sections. Where Affinity Gold Corp. expresses or implies an expectation or
belief as to future events or results, such expectation or belief is believed to
have a reasonable basis. However, forward-looking statements are subject to
risks, uncertainties and other factors, which could cause actual results to
differ materially from future results expressed, projected or implied by such
forward-looking statements. Affinity Gold Corp. does not undertake any
obligation to update any forward-looking statement, except as required under
applicable law.