Company Enters Into Extension Agreement to the Share Exchange Agreement With AMR Project Peru S.A.C.

MAPLE GROVE, Minn., July 6  /PRNewswire-FirstCall/ -- Affinity Gold Corp. (OTC:AFYG) (BULLETIN BOARD: AFYG)  (the "Company") is pleased to provide an update regarding the closing of its Share Exchange Agreement with AMR Project Peru S.A.C. (AMR) to make AMR a wholly-owned subsidiary of the Company.

The Company has entered into an Extension Agreement to the Share Exchange Agreement whereby the closing date has been extended to take place on or before July 14th, 2009.

The Company had planned on closing the Share Exchange Agreement transaction by June 30th, 2009, however, due to the time taken to complete a US GAAP compliant audit of AMR, this was not possible.  All other terms and conditions of the Share Exchange Agreement remain in full force and effect.

The closing of this transaction remains subject to a number of conditions, including the completion of the due diligence review of AMR.

About Affinity Gold Corp.:

Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition, exploration and development of gold mineralization properties internationally.  Affinity Gold Corp.'s current primary focus is gold exploration in Peru.

http://www.affinitygold.com/

FORWARD-LOOKING STATEMENTS 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. 

DATASOURCE: Affinity Gold Corp.



CONTACT:  Affinity Gold Corp., [phone], 



Web Site:  http://www.affinitygold.com/ 

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