West Africa Gold fka WAGI

[Bull Finch]

NEW YORK--(BUSINESS WIRE)--Jan. 29, 2004

West Africa Gold Inc., formerly known as Adven Inc., announced today that its trading symbol has changed from (OTCBB:AVNI) to (OTCBB:WAGI). The change will be effective as of the market open on January 30, 2004.

About West Africa Gold Inc.

West Africa Gold Inc. www.westafricagold.com has acquired controlling 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. Various stages of geological prospecting are presently underway, leading to later-stage feasibility studies with advanced mining, metallurgical and trial mining phases.

About Mali, West Africa

Mali is a landlocked country of 1,240,190 square kilometers (approximately 478,835 square miles), which is roughly, double the size of Texas, or five times the size of the United Kingdom. It borders on Algeria to the north, Niger and Burkina Faso to the east, Cote d'Ivoire and Guinea to the south, Senegal and Mauritania to the west. During 2001, Mali produced approximately 1.7 million ounces of gold at a cash cost less than US $160 per ounce. Mali is thought to have in excess of 350 tons of recoverable gold and is recognized as having enormous potential for further gold discoveries. Mali is currently the third largest Gold producer in Africa.

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.

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