Mr. J. Francois Lalonde reports

STELLAR AFRICAGOLD GRANTS STOCK OPTIONS AND PERFORMANCE SHARE UNITS

Stellar AfricaGold Inc. has granted incentive stock options and performance share units.

Incentive stock options

Pursuant to Stellar's omnibus long-term incentive plan approved by shareholders on Feb. 27, 2025, the company has granted an aggregate of 1.75 million incentive stock options to five directors and one employee of the company. The options are exercisable at a price 12 cents per share until Aug. 28, 2031.

Performance share units

Additionally and pursuant to its shareholder-approved LTIP (long-term incentive plan), Stellar has granted an additional 100,000 performance share units (PSUs) to Dr. Paul Kitto, a director of and senior geological consultant to the company, contingent upon the company achieving a total of 600,000 ounces of inferred and indicated gold resources, bringing the total PSUs granted to Dr. Kitto to 750,000 contingent upon incremental milestones of gold resources discovered (see also news release dated Aug. 27, 2025). Each PSU allows the holder to acquire one common share of the company for nil consideration upon certain exploration milestones being met, namely, the common shares will be issued upon the company incrementally defining cumulative National Instrument 43-101-compliant inferred and indicated gold resources aggregating 600,000 ounces of gold resources. In accordance with TSX-V Policy 4.4, the currently granted PSUs will vest 12 months from the date of grant (that is, Aug. 28, 2027). The PSU grant is subject to the acceptance of the TSX Venture Exchange.

About Stellar AfricaGold Inc.

Stellar AfricaGold is a Canadian precious metals exploration company focused on North and West Africa, with active exploration programs in Morocco and Ivory Coast. The company's principal projects are the Tichka Est gold project in Morocco, where Stellar is advancing a gold discovery with a fully financed 5,000-metres diamond drilling program scheduled for the fall and winter of 2026, and the Zuenoula gold project in Ivory Coast, operated under an earn-in and joint venture agreement with MetalsGrove Mining Ltd., with a fully financed 10,000-metre auger drilling program under way. Stellar trades on the TSX Venture Exchange (symbol: SPX), the Tradegate Exchange (symbol: 6YP) and the Frankfurt Stock Exchange (symbol: 6YP). The company's head office is in Vancouver, B.C., with a country office in Marrakech, Morocco.

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