MAPLE GROVE, Minn., March 9 /PRNewswire-FirstCall/ -- Affinity Gold Corp. (OTC Bulletin Board: AFYG) ("Affinity" or the "Company") is pleased to announce it has received USD $245,000 in the form of a private placement at a price of $1.00 per share from an existing long-standing shareholder.
These funds represent substantial progress against raising the anticipated USD $750,000 needed to purchase the necessary equipment and supplies the Company requires to begin small-scale production operations.
Paul Antoniazzi, CEO of Affinity Gold, said, "We are very pleased we have been able to raise this $245,000 and extremely grateful for the continued support from our existing shareholders and their belief in our project. It is a testament to the value of our flagship project in Peru."
The Company released its NI43-101 technical report in November of last year and is available for download at http://www.affinitygold.com
