Stellar AfricaGold Announces Closing of Private Placement

About this update from Stellar Africagold, Inc.

[{"type":"text","content":"Stellar AfricaGold Announces Closing of Private Placement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia – April 1,\n2025\n \n\n –\n \n\n TheNewswire -\n \n\n Stellar\nAfricaGold Inc. (TSX-V: SPX) (\"Stellar\" or the\n\"Company\") announces the final closing of the non-brokered\nprivate placement offering (the \"\n \n\n Offering\n \n\n \")\ninitially announced on February 18, 2025. The Company has issued\n \n\n\n\n an additional\n1,400,000 common shares (each a \"\n \n\n Share\n \n\n \"),\nincreasing the total issuance from 10,300,000 Shares announced on\nMarch 17, 2025 to 11,700,000 Shares at a price of $0.10 per Share, for\naggregate gross proceeds of $1,170,000\n \n\n . The\nproceeds from the Offering will be used for exploration at the\nCompany’s advancing gold discovery at the Tichka Est Gold Project in\nMorocco, further exploration at the Company’s Zuénoula Gold Project\nin\n \n\n Côte d’Ivoire\n \n\n , and\nfor general corporate purposes. Three Directors of the Company\nparticipated in the Offering, contributing $140,000. Advisory services\nwere provided by 3L Capital Inc.\n \n\n\n\n In accordance with applicable securities laws all\nShares are subject to a statutory hold period of four months plus one\nday from the date of issuance.\n \n\n\n\n ABOUT STELLAR AFRICAGOLD INC.\n \n\n\n\n Stellar AfricaGold Inc. is a Canadian precious metal\nexploration company listed on the TSX Venture Exchange symbol\nTSX.V:\n \n\n SPX\n \n\n , the Tradegate Exchange TGAT:\n \n\n 6YP\n \n\n and the Frankfurt\nStock Exchange FSX:\n \n\n 6YP\n \n\n .\n \n\n\n\n The Company maintains its head office in Vancouver, BC\nand has a representative office in Casablanca, Morocco.\n \n\n\n\n Stellar’s principal exploration projects are its\nadvancing gold discovery at the Tichka Est Gold Project in Morocco,\nand its early-stage exploration Zuenoula Gold Project in\n \n\n\n\n Côte\nd’Ivoire\n \n\n .\n \n\n\n\n Stellar’s President and CEO J. François Lalonde can\nbe contacted at +1 514-9940654 or by email at\n \n\n\n [email protected]\n \n\n\n\n\n\n\n Additional information\nis available on the Company’s website at\n \n\n\n www.stellarafricagold.com\n \n\n\n .\n \n\n\n\n On Behalf of the Board\n \n\n\n\n J. Fra...

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