West Africa Gold Inc. Announces Forward Split of its Stock

West Africa Gold Inc. Announces Forward Split of its Stock
Company to forward split shares on a 1 for 10 basis 


NEW YORK, May 11  /PRNewswire-FirstCall/ -- West Africa Gold Inc.  (BULLETIN
BOARD: WAGI)  announced on May 7, 2004 that its Board of Directors has approved
a 10-1 forward split of the Company's issued and outstanding shares. The
forward split will have a pay date of May 13, 2004 and will be effective
Thursday May 13, 2004 and not on Monday May 10th, 2004 as previously announced.

The stock split will entitle each stockholder of record to receive nine
additional shares for every share of the Company's stock held at the close of
business on the record date of May 10, 2004. The new shares will be registered
on the books of the Corporation maintained by Computershare Trust Company Inc
at the opening of business on May 13, 2004.

About West Africa Gold Inc: --

West Africa Gold Inc. http://www.westafricagold.com/ has acquired a 70%
interest in the Toubikoto (Gold), Manianguiti (Gold), In Darset (Gold, Base
Metals), Anefis (Gold, Base Metals) and Touban (Nickel, Copper PGE's) mining
properties. The properties are located in diverse geographic locations
throughout Mali. In aggregate, the properties total over 500 square kilometers
(approximately 193 square miles). The Geological Resource Evaluation on the
properties indicates a potential Inferred Geological Resource of at least
3,000,000 ounces of gold. The Company will continue to explore the various
rights and potential new targets.

Statements contained in this press release, which are not historical facts, are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are based
largely on the Company's expectations and are subject to a number of risks and
uncertainties beyond the Company's control, including but not limited to
economic, competitive and other factors affecting the Company's operations,
management team effectiveness, expansion strategies, available financing,
market prices and recovery costs, government regulations involving the Company,
facts and events not known at the time of this release, and other factors
discussed in the Company's filings with the Securities and Exchange Commission.

These statements are not guarantees of future performance and readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this release. The Company undertakes no
obligation to update publicly any forward-looking statements.

This release was issued through Major Newswire (http://www.majornewswire.com/)

   CONTACT
   Equity Alliance International
   Contact:  Casey Hawkins
   Number:   866 807 4021
   e-mail:   

DATASOURCE: West Africa Gold Inc.



CONTACT:  Casey Hawkins of Equity Alliance International,

[phone], 



Web site:  http://www.majornewswire.com/

http://www.westafricagold.com/ 

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