Stellar AfricaGold Inc. announced that it has secured four additional exploration permits in the immediate vicinity of its recent gold discovery at Tichka Est in Morocco and is commencing exploration of the newly acquired ground. Stellar and ONYHM (the Moroccan Office Nationale des Hydrocarbures et des Mines), have signed a January 11, 2022 addendum to the August 18, 2020 Tichka-Est 90% earn-in exploration agreement adding four new exploration permits and increasing the total to seven permits with a surface footprint of 82 square kilometers. Two of the four additional permits are strategically located in relation to the two gold structures A and B recently discovered by Stellar's extensive prospecting and trenching programs. The four new permits are within an agreed area of mutual interest prescribed in the original August 18, 2020 earn-in agreement.

Pursuant to the January 11, 2022 addendum, Stellar has agreed to incur exploration expenditures of MAD 2,600,000 (Moroccan dirhams) (USD 280,000) in the first year and MAD 4,892,000 (USD 520,000) in year two on the new permits. Stellar director Yassine Belkabir of Casablanca, Morocco and the African Bureau of Mining Consultants provided all necessary assistance in the negotiation and closing of the August 18, 2020 Tichka earn-in agreement with ONHYM, and provided essential transaction facilitation with respect to January 11, 2022 Tichka addendum.