Stellar AfricaGold Inc. ("Stellar"), (TSX VENTURE:SPX) announces that is has
completed a non-brokered private placement, raising gross proceeds of $ 150,000
through the issuance of 150 units priced at $ 1,000 each. Each unit consists of
8,500 flow-through common shares ($ 0.10 each) and 1,500 common shares ($ 0.10
each) and 10,000 common share purchase warrants entitling the holder to purchase
one additional common share, for a period of 12 months from closing, at a
purchase price of $0.15 each. 


The net proceeds will be used to advance Stellar's newly acquired Opawica amd
Philibert I properties in Quebec and for the corporation general working capital
purposes. 


The company also informed shareholders that it has contracted Geophysique GPR
International Inc. to proceeds to the complete coverage of Opawica and
Philibert-I properties with and airborne Magnetic and VLF survey. A total of 437
line kilometre of survey at a line spacing of 100 metre will be done during the
month of February 2014. The results of the survey will be known in the course of
March 2014 and will constitute the base for the orientation of the company's
summer program. 


About OPAWICA Property: 

The OPAWICA Property consist of three blocs totalling 80 mining cells recently
acquired by the Stellar in the area of the new Liam gold discovery on the
Nelligan Project of Vanstar. It is located approximately 45 kilometres south of
the village of Chapais and is accessible year-round by several forestry roads. A
power line crosses the South block of the Opawica property. 


The Opawica property is located within the Tomagold/Iamgold-Vanstar-Soquem
working area which is to date the most active exploration camp in Quebec. Among
the most important gold occurrences reported in the area, we note SOQUEM Meston
Lake deposit (1.2 MT @ 6.25 g/t Au), SOQUEM Philbert deposit (1.3 MT @ 5.32 g/t
Au), as well as numerous high grade drill and channel sampling reported by
Tomagold, Vanstar, Murgor and SOQUEM as well as the former Joe Man gold mine
that produced over 1.0 million ounces of gold.


About PHILIBERT I PROPERTY 

The property consists of four mining cells covering 224 hectares in the Gamache
township, 45 kilometres south of the town of Chapais, Que. 


The Philibert-I showing was discovered in 1983 by prospection, and consists of a
gold mineralization associated with quartz-tourmaline-sulphides veins.
Historical exploration reported grades of 31.6 grams per tonne gold and 2.54
grams per tonne silver in channel sampling across exposed quartz veins, and of
18.66 grams per tonne gold over 0.6-metre cuts in a drill hole.

This property is located in the same environment than Opawica property, and is
6.5 kilometres north-northeast of Vanstar's Liam discovery.


In connection with the private placement, no finder's fee was paid. All
securities issued pursuant to the private placement are subject to a
four-month-and-one-day hold period and the private placement is subject to
approval by the TSX Venture Exchange.


The technical content of this press release have been reviewed and approved by
Mr. Maurice Giroux, a Qualified Person as defined in NI 43-101. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Maurice Giroux, President and CEO
Stellar AfricaGold Inc.
514-866-6299
514-866-8096 (FAX)
Ress.stellar@bellnet.ca
www.stellarafricagold.ca

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