Mr. Francois Lalonde reports

STELLAR AFRICAGOLD ANNOUNCES SHARES FOR DEBT SETTLEMENT

Stellar AfricaGold Inc. has agreed to issue an aggregate 8,473,763 common shares in the capital of the company at an agreed price of 2.5 cents per share to settle approximately $211,845 in debt with arm's-length creditors.

The board of directors and management of the company believe that the proposed shares for debt settlement is in the best interests of the company because it allows the company to preserve its limited cash on hand for essential operations.

The shares for debt settlement is subject to TSX Venture Exchange approval.

The settlement shares will be subject to a statutory four-month-and-one-day hold period from the date of issuance.

About Stellar AfricaGold Inc.

Stellar's principal exploration project is its advancing gold discovery at the Tichka Est gold project in Morocco.

We seek Safe Harbor.