March 30, 2021 John Cumming is pleased to announce that J. Francois Lalonde has been promoted to President and CEO of Stellar AfricaGold Inc. Changes to Management Highlights of management changes: - J. François Lalonde has been promoted to President and Chief Executive Officer - John Cumming will serve as Executive Chairman. - James Henning, B.Comm., CPA, CA, has been Chief Financial Officer appointed J. François Lalonde [...]
John Cumming, President and CEO of Stellar AfricaGold Inc., is pleased to announce that Stellar has increased its non-brokered private placement to $1,750,000 and closed on the final tranche. Private Placement The private placement financing is comprised of 29,166,667 units at $0.06 per unit for gross proceeds of C$1,750,000. Each unit is comprised of one common share and one share purchase warrant exercisable at $0.15 [...]
February 26, 2021 John Cumming, President and CEO of Stellar AfricaGold Inc., is pleased to announce: Private Placement Stellar announces that it has closed on Tranche I of a non-brokered private placement and issued 11,391,667 units for gross proceeds of $683,500. The private placement financing is ongoing with the Company intending to issue up to 26,666,667 units at $0.06 per unit for gross proceeds of C$1,600,000. Each [...]
John Cumming, President and CEO of Stellar AfricaGold Inc., is pleased to announce that the Company has launched a preliminary reconnaissance program on the Prikro Permit in Côte d'Ivoire. Prikro Permit Preliminary Reconnaissance Program A preliminary reconnaissance program is underway at the Company's Prikro Permit in Côte d'Ivoire, a 369.5 km2 exploration licence located in the Prikro and Koun-Fao Departments in eastern [...]
John Cumming, President and CEO of Stellar AfricaGold Inc. is pleased to announce the completion of an Independent Technical Report on the potential of the Tichka Est gold project in Morocco. The Report presents a summary of the available technical data from previous exploration activities conducted by ONHYM on the Tichka Est Gold Project. It also discusses the results of the due diligence validation program completed by [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc. is pleased to report the results of the Company’s Annual General Meeting. Results of Annual and Special General Meeting The Annual and Special General Meeting of Shareholders of the Company was held on December 18, 2020 in Vancouver, BC. At the Meeting, shareholders approved all resolutions put before them by management including the election [...]
John Cumming, President and CEO of Stellar AfricaGold Inc., announces: Closing of Priko and Zenoula Permits Acquisition Stellar and Altus Strategies PLC have closed the acquisition agreement for two gold permits, the fully issued Priko permit and the pending Zenoula permit, totaling approximately 770 km2 in Cote d'Ivoire. Stellar has acquired a 100% interest in Aeos Resources Ltd., a Seychelles company, which owns a 100 [...]
John Cumming, President and CEO of Stellar AfricaGold Inc., is pleased to announce the signing of a definitive agreement with Altus Strategies PLC to buy 100% interest of Aeos Resources Ltd. Aeos owns 100% of Aucrest SARL, an Ivoirian subsidiary that owns the Prikro Exploration Licence and the pending Zenoula Exploration Licence both totalling 770 km2 in Cote d'Ivoire. The Prikro Exploration licence is a 369.5 km2 [...]
John Cumming, President and CEO of Stellar AfricaGold Inc., is pleased to announce: Tichka Est Gold Project Acquisition Stellar and the Moroccan National Office of Hydrocarbons and Mines have signed the definitive Exploration Agreement for the acquisition, exploration and development of the gold and multi-elements potential of the Tichka Est property in the Occidental High Atlas region of Morocco. Pursuant to the [...]
John Cumming, President and CEO of Stellar AfricaGold Inc., is pleased to provide the following update on the status of project acquisitions in Morocco and Cote d'Ivoire: Due Diligence Field Program on ONHYM Tichka Est Domain Property, Morocco Further to Stellar's July 1, 2020 news release, the Company is acquiring a major 90% interest in the Tichka Est domain property in partnership with Morocco's Office Nationale des [...]
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 [...]
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