STELLAR AFRICAGOLD COMPLETES A SHARES FOR DEBT

Montreal, June 21, 2017 – John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., (TSX-V: SPX) (“Stellar” or the “Company”) announces the closing of a share for debt pursuant to which Stellar issue 150,000 common shares at a deemed price of $ 0.05 per share to debenture holders, representing the $ 7,500 in interest due as of March 22, 2017, pursuant to the private placement of a $ 150,000 convertible closed on September 22, 2016. The debenture bears interest at the rate of 10% per annum, payable semi-annually in shares.

 

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