STELLAR grants 600,000 Stock Options
Montreal, September 17, 2013 — Stellar AfricaGold Inc. (TSX-V:SPX) ("Stellar").
Stellar’s board of directors has approved the grant of 600,000 stock options to directors and officers at $ 0.10 per share exercisable for five years. The options vesting period is eighteen months. The stock options are subject to Stellar’s Stock Option Plan.
ABOUT STELLAR AFRICAGOLD INC.
Stellar AfricaGold Inc., formerly Stellar Pacific Ventures Inc., is a recently consolidated Canadian mine exploration company based in Montreal, Quebec., with operations in West Africa. The company is currently developing the promising gold potential of the Balandougou property in Guinea, which is at an advanced exploration stage, as well as the Namarana project in Mali. The exploration licences held by Stellar and its parners cover 1,100 km2 located entirely on the West African Birimiam Gold Belt.
Stellar also holds a significant interest in TomaGold Corporation Inc., a Canadian mining company active in the exploration of gold properties in Chibougamau area, Northern Québec.
FORWARD LOOKING STATEMENTS
This document contains forward-looking statements concerning future development contingent upon uncertain factors including financing revenues, progress and results of activities and operations, and environmental factors that are in some cases considered forward-looking statements. These statements are based on numerous assumptions including commodity prices, exploration results, resource availability, and other assumptions that management believes are reasonable based on currently available information, however management’s assumptions and the Company’s future performance are subject to a wide range of business risks and there is no assurance that these goals and projections can or will be met.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Maurice Giroux, President and CEO
Stellar AfricaGold Inc.
1155 University Street, Suite 812 Montreal, Quebec H3B 3A7 Tel.: 514-866-6299 Fax: 514-866-8096