Company Overview and Strategy

We are a blank check company incorporated on November 17, 2020 as a Cayman Islands exempted company created with the purpose of effecting a merger or mergers, amalgamation, share exchange, share purchase, asset acquisition, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we may pursue an initial business combination target in any industry or geographic region, we intend to focus our search on gold mining businesses that would benefit from access to public markets and the operational and strategic expertise of our management team. We will seek to leverage this experience and the industry networks our management team has developed to identify, evaluate and consummate value accretive transactions in this space with the ultimate goal of pursuing attractive returns for our shareholders.

Market Opportunities

We believe that gold can no longer simply be considered as a short-term hedge but that the fundamentals of the gold market have now inherently changed. We believe this fundamental shift will be the new status quo for gold going forward. As such, we believe that we are well positioned to take advantage of what we see as an attractive opportunity to capitalize on the gold market.

  • Impact of aggressive monetary and fiscal easing policies on real yields (nominal yield-inflation expectation).
  • Potential increase in gold price driven by dollar weakness
  • Potential increase in gold price due to high levels of debt

Stock Snapshot

Investor Contact Information

Company

African Gold Acquisition Corporation
322 West 52nd Street
#2322
New York, NY 10019

Investor Relations

Cooper Morgenthau
T: 860-214-3714
cooper.morgenthau@africangoldcorp.com

Transfer Agent

Continental Stock Transfer & Trust Company