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(AFYG) Announces Update Regarding its Regulatory Filing Status

MAPLE GROVE, MN, United States, via ETELIGIS INC., 09/25/2014 – – Affinity Gold Corp., (OTC Pink: AFYG) (PINKSHEETS:AFYG) (Affinity or the Company), is extremely pleased to announce an update regarding the Companys progress towards becoming compliant with its regulatory obligations with the U.S. Securities and Exchange Commission (the SEC).

On Monday, September 22nd, 2014, Affinity filed an amended Form 8-K filing with the SEC which is an amendment to the Companys Form 8-K originally filed May 13th, 2009 and subsequently amended August 21, 2009 and September 2, 2009 in order to file unaudited US GAAP financial statements of AMR Project Peru S.A.C. (AMR) covering periods prior to the Companys merger on August 14, 2009 along with pro forma financial statements with will account for the transaction as a merger of entities under common control.

This first amended Form 8-K filing marks another significant accomplishment for the Company as it establishes the baseline for all subsequent filings going forward. Furthermore, this filing demonstrates the Company has been able to work through all its challenges including receiving confirmation and direction from the SEC for how the Company can best proceed in accomplishing its goal of becoming compliant with its regulatory obligations, stated President & CEO, Mr. Corey J. Sandberg.

Next, management will focus on its comprehensive Form 10-K filing which will include audited financial statements for the nine-month transition period in 2009, associated with the Companys change in fiscal year-end to December 31st, along with each subsequent fiscal year through December 31, 2013. In addition, the comprehensive Form 10-K filing will contain all information that would have been otherwise required for these periods, including quarterly and year-to-date interim financial statements for each period within those fiscal years, a comprehensive business discussion and MD&A pertaining to all periods. All annual and interim financial statements covered within the comprehensive Form 10-K filing will be presented on a comparative basis.

This recent accomplishment now allows Affinity to resume execution against our overall strategy to grow the company which is dependent on being fully compliant with its regulatory obligations providing shareholders financial transparency of the Company. Upon completion of filing our comprehensive Form 10-K and interim quarterly periods for 2014, the Company intends to then apply to regain its OTCQB status, stated President & CEO, Mr. Corey J. Sandberg.

About Affinity Gold Corp.:

Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition and development of near-term precious mineral production properties within Peru. Affinity Gold Corp.s primary focus is on developing assets that have demonstrated historical production, contain documented and reliable data and can reasonably begin producing within 12-18 months at a cost of less than $900 per gold equivalent ounce.

For further information please refer to the Companys filings with the SEC on EDGAR available at


This news release may include “forward-looking statements” regarding Affinity Gold Corp., and its subsidiaries, business and project plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where Affinity Gold Corp. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Affinity Gold Corp. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.



Corey J. Sandberg


Thursday, September 25th, 2014 Uncategorized