Ghana Gold Corp Now Current with its filings and Provides update on the Asset Purchase Agreement with the World Sports Alliance

PORT ST. LUCIE, Fla., May 9, 2013 /PRNewswire/ -- Ghana Gold Corp. (OTCMarkets: GGCO) announced that it is now current in its filings and provides update on Asset Purchase Agreement with the WSA (World Sports Alliance).

"We are making every effort to be fully compliant and provide total transparency to our shareholders and stakeholders as we move to close the acquisition with the World Sports Alliance Intergovernmental Organization," said Elaine Affleck, CEO of Ghana Gold Corp. "The acquisition is a very important milestone for our company and we are working vigilantly to close the transaction on the schedule date of May 23, 2013. It is not every day we have an opportunity to participate in a $5 Billion Gold reserve and create immediate and sustainable value for our shareholders. Therefore, I am pleased to also announce that the company's representatives are booked for New York City arriving on May 21 to close the anticipated transaction with the WSA," further added Mrs. Affleck.

About Ghana Gold Corp.

Ghana Gold Corp. is a gold exploration and alluvial gold production company with properties in the Republic of Ghana. Ghana Gold Corp. seeks to expand operations to other neighboring African countries, which have a great gold mining opportunities. 

Investor Relations: [e-mail] or [e-mail]

Tel [phone]

About the WSA-IGO

The World Sports Alliance Intergovernmental Organization created under the 1969 Vienna Convention with the distinguishing factor being that the WSA does not solicit contributions from its Member States but rather is a self-funded organization with a financial model based on establishing Public-Private-Partnerships ("PPP"). The World Sports Alliance Intergovernmental Organization currently has 31 member states, including but not limited to the Kingdom of Morocco, Dominican Republic, Republic of Panama, the Central African Republic, the  Republic of Ghana, Republic of Congo, and the Republic of Chile. 

For more information on the World Sports Alliance and specific news release on this transaction, please visit the website at http://www.wsaigo.org/site/ and click on News or visit http://news.yahoo.com/world-sports-alliance-intergovernmental-organization-152100528.html to review WSA news release on the size of this transaction.

WSA-IGO Headquarters: Tel [phone]

FORWARD LOOKING STATEMENTS

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws.

SOURCE Ghana Gold Corp.

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