Mr. J. Francois Lalonde reports

STELLAR ANNOUNCES ELECTION OF DIRECTORS AND RESULTS OF ANNUAL AND SPECIAL GENERAL MEETING

Stellar AfricaGold Inc. has released the voting results from its annual and special general meeting of shareholders held on Jan. 20, 2026.

Shareholders voted in favour of all items of business brought before the meeting. Each resolution is explained in detail in the management information circular dated Dec. 8, 2025. It is available for reference under the company's profile on SEDAR+.

A total of 10,364,606 common shares, representing approximately 15.95 per cent of the company's outstanding common shares, were voted in person and by proxy at the meeting.

At the meeting, majority of shareholders voted in favour of:

• The reappointment of Jones & O'Connell LLP, chartered professional accountants, as auditor of the company;
• Setting the number of directors at six and electing John Cumming, Jean-Francois Lalonde, Yassine Belkabir, Francis Boulle, Paul Kitto and Lauren McCrae as directors;
• The reapproval of the company's omnibus long-term incentive plan.

The elected directors will hold office until the close of the next annual general meeting of the company or until their successors are appointed.

About the Tichka Est gold project

The Tichka Est gold project comprises seven permits covering an area of 82 square kilometres, located in the High Altas region of Morocco, approximately 90 kilometres south of Marrakech. Under an earn-in agreement with Morocco's National Office for Hydrocarbons and Mining (ONYHM), Stellar can earn an 85-per-cent interest after incurring exploration expenditures totalling $2.39-million (U.S.) ($3.5-million (Canadian)) over three years.

To date, early-stage exploration (mapping, sampling, trenching, a small first-pass RC (reverse circulation) drill program and a Stage 1 diamond drilling program) has identified three gold-bearing zones: Zone A extending over 450 metres along strike, Zone B extending over two kilometres along strike and Zone C extending over two kilometres along strike. Additionally, regional stream sediment sampling over a 12-square-kilometre area surrounding the three known gold zones identified numerous other metal anomalous zones that warrant further mapping and sampling. In total, the following anomalies have been highlighted: six zones anomalous for gold, five zones anomalous for silver, two zones anomalous for copper and three zones anomalous for lead and zinc. Most areas of the seven permits have never received any modern exploration.

About Stellar Africagold Inc.

Stellar AfricaGold is a Canadian precious metal exploration company focused on precious metals in North and West Africa, with active programs in Morocco and Ivory Coast. Stellar's principal exploration projects are its advancing gold discovery at the Tichka Est gold project in Morocco and its early-stage exploration Zuenoula gold project in Ivory Coast, which is now operated in joint venture with MetalsGrove Mining Ltd.'s subsidiary, MetalsGrove CDI Pty. Ltd.

The company is listed on the TSX Venture Exchange under the symbol SPX, the Tradegate Exchange under the symbol 6YP and the Frankfurt Stock Exchange under the symbol 6YP.

The company maintains its head office in Vancouver, B.C., and has a country office in Marrakech, Morocco.

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