John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: GRANT OF STOCK OPTIONS The Company has granted 250,000 incentive stock options to directors of the Company. The options are for a five-year term exercisable at $0.05 per share, are fully vested and are granted pursuant to the Company's approved Stock Option Plan. NEW EXPLORATION ACQUISITIONS In October 2019 Stellar completed the [...]
Vancouver - TheNewswire - November 12, 2019 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce that it has retained Hybrid Financial Ltd. to provide marketing services to Stellar. Hybrid has been engaged to heighten market and brand awareness for Stellar and to broaden the Stellar's reach within the investment community. Hybrid has agreed to comply with all applicable [...]
Vancouver - TheNewswire - November 5, 2019 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Shares for Debt Settlement The Company will issue 3,060,000 shares at an agreed price of $ 0.05 per share to four arm's length parties to settle debt totalling $153,000. The shares for debt settlements are subject to the approval of the TSX Venture Exchange. ABOUT STELLAR AFRICAGOLD INC [...]
Vancouver - TheNewswire - October 30, 2019 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce: Sale of the Balandougou Gold Project Closed Stellar and its minority partners have closed the sale of 100% of the Balandougou Gold Project for US$3.85M . See news releases August 22 and September 11, 2019. The Balandougou Gold Project, comprised of a 7 km2 Balandougou [...]
Vancouver - TheNewswire - September 11 2019 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce: New Exploration Permits, Guinea Stellar's Guinean subsidiary companies, Stellar Guinee SARL and Manding Gold SARL, have received final government approvals completing the issuance of two exploration permits totaling approximately 150 km2. The granting of these permits [...]
Vancouver, BC - TheNewswire - August 22, 2019 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce: Sale of Balandougou Gold Project, Guinea Stellar and its minority partners have reached a definitive agreement dated August 22, 2019 with Rida Mining Ltd. of Khartoum, Sudan, an arm's length party, for the sale of 100% of the Balandougou Gold Project including the 7 km2 [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to provide the following update. Corporate Continuation Further to a resolution passed by the shareholders at the Annual General Meeting held December 18, 2018 the Company has been continued from the Canada Business Corporations Act to the British Columbia Business Corporations Act effective January 28, 2019. ABOUT STELLAR [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to provide the following update. Balandougou Mill Update Following the Company's news release of October 23, 2018 reporting that the initial conclusions of the gravity mill test work were that although the grade of the input mineralization from the B3 gold zone averaged approximately 2.0 g/t Au, a large percentage of the gold grains [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to report the closing of the Opawica sale and 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, 2018 in Vancouver, BC. At the Meeting, shareholders approved all resolutions put before them [...]
Vancouver, December 10, 2018 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is announces: Annual General Meeting Postponed As a result of postal disruptions and delivery delays due to the labour negotiations and concurrent job action at Canada Post the Company is postponing its Annual General Meeting originally set for December 11 to 1 o'clock p.m. December 18, 2018. The decision by [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce the Company has signed an arrangement agreement with Mosaic Minerals Corp. in connection with the previously announced sale of the Opawica gold project in Quebec to Mosaic. On September 8, 2018, Stellar closed the Opawica Sale in escrow subject to the receipt of shareholder approval in exchange for 7,200,000 shares of [...]
Vancouver, B.C. / TheNewswire / October 23 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Balandougou Gravity Mill Bulk Sampling Update Notwithstanding the recent upgrades and adjustments to the Balandougou gravity mill and concentrators the gold recovery remained below expectations with daily gold recoveries in the 0.2 to 0.3 g/p/t range with only a few exceptional days in [...]