Aug 14 (Reuters) - African Gold Group Inc AGG.V :
* AFRICAN GOLD GROUP ANNOUNCES A $3 MILLION PRIVATE PLACEMENT AND CONTINUES TO BUILD TEAM, DANIYAL BAIZAK JOINS AS VP CORPORATE DEVELOPMENT
* AFRICAN GOLD GROUP INC - NON-BROKERED PRIVATE PLACEMENT FINANCING OF UP TO 14.3 MILLION UNITS AT A PRICE OF $0.21 PER UNIT