Central African Announces NAME Change

Central African Gold Inc. |Suite 1080, 789 West Pender Street, Vancouver, B.C., Canada, V6C 1H2 1

CENTRAL AFRICAN ANNOUNCES NAME CHANGE

Vancouver, British Columbia - (February 3, 2022) – Central African Gold Inc . (TSXV: CAGR;

FSE: BC2; OTCQB: NDENF) (the “ Company ”) is pleased to announce that it will be

completing a corporate name change to “African Ener gy Metals Inc.” and will begin trading

under a new stock ticker symbol “CUCO” at the start of trading on February 7, 2022 on the TSX

Venture Exchange. The Company’s ISIN and CUSIP numb ers will change to CA00833F1099

and 00833F109, respectively.

No action is required to be taken by shareholders w ith respect to the name change. Outstanding

share and warrant certificates are not affected by the name and ticker symbol change and do not

need to be exchanged.

About Central African Gold Inc.

Central African Gold is a natural resource company with a focus on the acquisition, exploration,

development, and operation of mineral projects in t he DRC. The implementation of a carbon

capture and carbon credit program will complement m ining operations, meet important ESG

requirements, and present an opportunity for early revenue. Central African Gold has the

intention to acquire interests in additional conces sions or relinquish concessions in the normal

course of business. Central African Gold has an exp erienced management team located in the

DRC.

For further information, please contact:

Stephen Barley, Executive Chairman

Phone: (604-834-2968)

Email: [email protected]

Website: www.centralafricangold.com

Reader Advisory

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain “forward-looking info rmation” within the meaning of applicable securitie s laws.

Although the Company believes considering the exper ience of its officers and directors, current condit ions and expected

future developments and other factors that have bee n considered appropriate, that the expectations ref lected in this

forward-looking information are reasonable, undue r eliance should not be placed on them as the Company can give no

assurance that they will prove to be correct. Actua l results and developments may differ materially fr om those

contemplated by these statements. The statements in this press release are made as of the date of this release. The

Company undertakes no obligation to comment on anal yses, expectations or statements made by third part ies in respect

of the Company its securities, or its financial or operating results.