August 17, 2009 (FinancialWire) — Affinity Gold Corp. (OTCBB: AFYG) has acquired 99.99% of the issued and outstanding shares of AMR Project Peru S.A.C. in a share exchange deal.

Under the deal, Affinity acquired AMR in exchange for the issuance of 12 million shares of Affinity Gold common stock to the shareholders of AMR.

AMR is the owner of the mining concession title named “AMR Project” covering 500 hectares, in Peru.

Maple Grove, Minnesota-based Affinity Gold is a mineral exploration and development company engaged in the acquisition, exploration and development of gold mineralization properties internationally.

The company’s current primary focus is gold exploration in Peru.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.