Central African Gold Terminates Zani Kodo Gold Project Agreement
Vancouver, British Columbia - (October 30, 2021) – Central African Gold Inc. (TSXV: CAGR; FSE: BC2; OTCQB: NDENF) (the “Corporation” or “Central African Gold”) announces that after the completion of preliminary due diligence, the Corporation has terminated the agreement announced by news release dated September 28, 2021 to acquire an interest in the Zani-Kodo gold project, located in Ituri Province, DRC. The Corporation will continue with its existing DRC projects and pursuing additional projects of merit.
About Central African Gold Inc.
Central African Gold is a natural resource company with a focus on the acquisition, exploration, development, and operation of mineral projects in the DRC. The implementation of a carbon capture and carbon credit program will complement mining operations, meet important ESG requirements, and present an opportunity for early revenue. Central African Gold has the intention to acquire interests in additional concessions or relinquish concessions in the normal course of business. Central African Gold has an experienced management team located in the DRC.
For further information, please contact:
Stephen Barley, Executive Chairman Phone: (604-834-2968)
Email: [email protected] Website: www.centralafricangold.com
Reader Advisory
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain “forward-looking information” within the meaning of applicable securities laws including the successful implementation of a carbon credit program; the acquisition of additional copper, cobalt, and nickel projects; the establishment of profitable revenue centers for the Corporation. Although the Corporation believes considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them as the Corporation can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. The Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation its securities, or its financial or operating results.
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