Stellar AfricaGold Inc.

John Cumming, President and CEO of Stellar AfricaGold Inc., announces: Stellar has signed a non-binding memorandum of understanding with Altus Strategies PLC outlining the commercial terms for the acquisition of two gold permits, the fully issued Priko permit and the pending Zenoula permit, totaling approximately 770 km2 in Cote d'Ivoire. The MOU provides a thirty-day exclusivity period for Stellar to conduct a technical [...]

Maurice Giroux, VP Exploration and Chief Operating Officer of Stellar AfricaGold Inc., announces that the Company has begun a due diligence field program in Morocco. Stellar has previously announced its interest in acquiring new exploration projects in Cote d'Ivoire and Morocco, two geologically desirable yet underexplored mining jurisdictions. Since October, 2019 Stellar VP Exploration Maurice Giroux and director Yassine [...]

John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Acquisitions Update Stellar's last report on new exploration acquisitions was on March 17, 2020. Since then the Covid-19 pandemic mediation measures created a global economic slowdown forcing companies to adjust to sudden and unprecedented changes in their business environments. Stellar's management has adapted its business plans [...]

John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Despite the impacts of the global pandemic public health emergency on the financial markets and our personal lives, Stellar is fortunate to be able to report that the Company is in solid financial condition as a result of the October 2019 sale of the Balandougou project, Guinea, for the considerable sum of $5.13 million. Although [...]

John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces; Acquisition of L-K Gold Property, Quebec Stellar has closed the January 22, 2020 Lullwitz-Kaepelli gold property purchase agreement dated with Guy Galarneau, the TSX-V having approved the transaction as a Fundamental Acquisition. The aggregate purchase price of $5,000 has been paid and 300,000 shares issued. The shares are subject [...]

Stellar AfricaGold Inc. and Mosaic Minerals Corp. are pleased to announce that they have completed their previously announced spin-out transaction involving common shares of Mosaic . In accordance with the terms of the Arrangement Agreement between Stellar and Mosaic, each outstanding common share of Stellar held by a Stellar Shareholder of as of February 12, 2020 was exchanged for one new common share of Stellar and [...]

Stellar AfricaGold Inc. is pleased to announce that its previously announced spin-out transaction involving shares of Mosaic Minerals Inc. is anticipated to close on February 12, 2020. On December 20, 2018 Stellar transferred its Opawica mineral property, Quebec to Mosaic in exchange for 7,200,000 common shares of Mosaic . Under the Spin-Out and, as described in more detail below, Stellar has distributed 2,000,000 of the [...]

John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces; Acquisition of L-K Gold Property, Quebec Pursuant to a mineral property purchase agreement dated January 22, 2020 with Guy Galarneau Stellar has agreed to purchase the Lullwitz-Kaepelli gold property comprised of 4 mineral claims totaling 231.4 hectares in the Charlevoix Area, Quebec for $5,000 and 300,000 common shares from [...]

John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., reports: Trading Halt Trading in the shares of Stellar was halted at the opening of the market on January 9, 2019 at the request of the Company pending acceptance by the TSX Venture Exchange of a Fundamental Acquisition. On January 7, 2017 stellar announced that had optioned up to a 100% interest in Birimian Geology Exploration SARL , a Cote [...]

John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to report that Stellar has optioned 471 km2 of exploration permits in Cote d'Ivoire. New Acquisition in Cote d'Ivoire Stellar has optioned up to a 100% interest in Birimian Geology Exploration SARL , a Cote d'Ivoire company. BGE holds two well-located gold exploration permits totaling approximately 471 km2, the Bocanda permit and [...]