Stellar AfricaGold Inc. announces that further to its news release dated September 18, 2024, Stellar has settled an aggregate of $135,600 in debt with one arms length creditor and one non-arms length creditor to the Company, through the issuance of an aggregate of 2,712,000 common shares in the capital of the Company at a price of $0.05 per share. In accordance with the policies of the TSX Venture Exchange , the Company [...]
September 30, 2024) Stellar AfricaGold Inc. announces: DEBT SETTLEMENT The Company proposes to issue an aggregate of 1,250,000 common shares in the capital of the Company at an agreed price of $0.06 per share to settle approximately $75,000 in debt with two creditors, one a director and officer of the Company and the other an officer of the Company. The board of directors and management of the Company believe that the [...]
Stellar AfricaGold Inc. announces: DEBT SETTLEMENT The Company proposes to issue an aggregate of 3,950,060 common shares in the capital of the Company at an agreed price of $0.05 per share to settle approximately $197,503 in debt with two creditors. The board of directors and management of the Company believe that the proposed Debt Settlement transaction is in the best interests of the Company insofar as it allows the [...]
Stellar AfricaGold Inc. is pleased to announce that the Company has closed a non-brokered private placement of 12,000,000 units at a price of $0.05 per Unit for gross proceeds of $600,000 . Each Unit is comprised of one common share and one transferable common share purchase warrant . Each Warrant entitles the holder thereof to acquire one additional Share at a price of $0.08 for a period of three years from issuance. No [...]
Stellar AfricaGold Inc. is pleased to announce that, subject to TSX Venture Exchange acceptance, the Company intends to complete a non-brokered private placement of up to 12,000,000 units to be issued at a price of $0.05 per Unit for gross proceeds up to $600,000 . Each Unit will be comprised of one common share and one transferable common share purchase warrant . Each Warrant will entitle the holder thereof to acquire [...]
Stellar AfricaGold Inc., is pleased to announce: Stock Option Grants The Company has granted 1,100,000 incentive stock options to directors and officers of the Company The options are exercisable at $0.07 per share until July 31, 2029 and are granted pursuant to the Company's approved Stock Option Plan. About Stellar AfricaGold Inc. Stellar AfricaGold Inc. is a Canadian precious metal exploration company listed on the TSX [...]
VANCOUVER, BC - Stellar AfricaGold Inc. announces that it has received the final decree granting the Zuénoula gold exploration permit in Côte d'Ivoire Presidential Decree Granted for Zuénoula Gold Permit, Côte d'Ivoire The Zuénoula exploration permit was officially granted in the ministerial meeting held April 17, 2024, and pursuant to normal procedures was publicly announced on nationally [...]
VANCOUVER, BC - Stellar AfricaGold Inc. announces that to facilitate future financing efforts following positive update from its earn-in partner in Morocco and the receipt of the official decree from the Côte d'Ivoire Authority for Stellar's new exploration permit, Stellar will consolidate its capital structure. Capital Consolidation Stellar will be consolidating all of the issued and outstanding common shares of [...]
Stellar AfricaGold Inc. announces that it has been granted the Zuénoula Gold exploration permit in Côte d'Ivoire The Zuénoula Gold Permit, Côte d'Ivoire The Zuénoula permit was officially granted in the ministerial meeting held April 17, 2024 and pursuant to normal procedures was publicly announced on nationally televised broadcast. Stellar is awaiting final documentation which will follow [...]
Stellar AfricaGold Inc. announces that the Company has sold the Namarana Gold Project, Mali. Sale of Stellar Pacific Mali Sarl and Namarana Gold Project The Company has concluded an arm's length sale of it's 100% owned Malian subsidiary, Stellar Pacific Mali SARL. Stellar Pacific Mali SARL is the sole owner of the Namarana Gold Project, the only project being developed by Stellar AfricaGold Inc. in Mali. The sale price [...]
Stellar AfricaGold announces that the Company has closed the previously announced shares for debt settlement. The Company received TSXV conditional approval and issued 9,055,510 common shares at an agreed price of $0.025 per share to settle $226,388 in debt with arms' length creditors. The resolution of these debts strengthens the Company's balance sheet which will, in turn, better position the Company for future equity [...]
Stellar AfricaGold announces that, further to its news release of March 13, 2024, the Company has increased the amount of debt to be settled from $211,845 to $226,388, Subject to TSX-V acceptance, the debt will be settled by the issuance of 9,055,510 common shares at $0.025 per share . In all other respects the terms of the Shares for Debt Settlement remain the same. ABOUT STELLAR AFRICAGOLD INC. [...]