(TheNewswire)
Vancouver, July 31, 2024 – TheNewswire – Stellar AfricaGoldInc., (TSX-V: SPX , FSE: 6YP1 FSX: 6YP1 )("Stellar" or the "Company") is pleased toannounce:
Stock Option Grants
The Company has granted 1,100,000 incentive stockoptions to directors and officers of the Company The options areexercisable at $0.07 per share until July 31, 2029 and are grantedpursuant to the Company’s approved Stock Option Plan.
About Stellar AfricaGold Inc.
Stellar AfricaGold Inc . is a Canadian precious metalexploration company listed on the TSX Venture Exchange symbol TSXV: SPX , theTradegate Exchange TGAT: 6YP1 and the Frankfurt Stock Exchange FSX: 6YP1 .
Stellar’s principal exploration project is itsadvancing gold discovery at the 82 squarekilometre Tichka Est Gold Project in Morocco theearn-in option for which is currently in the final stages of extensionnegotiation with ONYHM, Morocco. The Company also holds the recentlygranted, highly prospective 395.8 square kilometer Zuénoulaexploration permit in Côte d’Ivoire
The Company is head officed in Vancouver, BritishColumbia. The Company also has a representative office in Casablanca,Morocco.
Stellar’s President and CEO J. François Lalonde canbe contacted at 514-994-0654 or by email at lalondejf@stellarafricagold.com
Additional information is available on the Company’swebsite at www.stellarafricagold.com .
On Behalf of the Board
J. François Lalonde
J. François Lalonde
President & CEO
This release contains certain"forward-looking information" under applicable Canadiansecurities laws concerning the Arrangement. Forward-lookinginformation reflects the Company’s current internal expectations orbeliefs and is based on information currently available to theCompany. In some cases forward-looking information can be identifiedby terminology such as "may", "will","should", "expect", "intend","plan", "anticipate", "believe","estimate", "projects", "potential","scheduled", "forecast", "budget" or thenegative of those terms or other comparable terminology. Many of theseassumptions are based on factors and events that are not within thecontrol of the Company, and there is no assurance they will prove tobe correct or accurate. Risk factors that could cause actual resultsto differ materially from those predicted herein include, withoutlimitation: that the remaining conditions to the Arrangement will notbe satisfied; that the business prospects and opportunities of theCompany will not proceed as anticipated; changes in the global prices for gold or certain othercommodities (such as diesel, aluminum and electricity); changes inU.S. dollar and other currency exchange rates, interest rates or goldlease rates; risks arising from holding derivative instruments; thelevel of liquidity and capital resources; access to capital markets,financing and interest rates; mining tax regimes; ability tosuccessfully integrate acquired assets; legislative, political oreconomic developments in the jurisdictions in which the Companycarries on business; operating or technical difficulties in connectionwith mining or development activities; laws and regulations governingthe protection of the environment; employee relations; availabilityand increasing costs associated with mining inputs and labour; thespeculative nature of exploration and development; contests over titleto properties, particularly title to undeveloped properties; and therisks involved in the exploration, development and mining business.Risks and unknowns inherent in all projects include the inaccuracy ofestimated reserves and resources, metallurgical recoveries, capitaland operating costs of such projects, and the future prices for therelevant minerals.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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