Montreal, September 9, 2016 – Stellar AfricaGold Inc. (TSX-V: SPX) (“Stellar” or the “Company”) is pleased to announce that it intends to complete a convertible debenture (the “Debenture”) for an aggregate gross proceed of maximum $ 1,000,000 (the “Offering”). The Debenture will bear interest at an annual rate of 10% and will have a maturity date of 36 months from the date of issue.