News

AFRICA OIL ANNOUNCES SHARE CAPITAL UPDATE

December 31, 2021

VANCOUVER, BC, Dec. 31, 2021 /CNW/ - Africa Oil Corp. ("Africa Oil", or the "Company") (TSX: AOI) (Nasdaq-Stockholm: AOI) reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF Version

As a result of the exercise of 188,000 stock options under the Company's stock option plan, the Company now has 474,655,355 common shares issued and outstanding with voting rights as at December 31, 2021.

About Africa Oil

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria; development assets in Kenya; and an exploration/appraisal portfolio in Africa and Guyana. The Company is listed on the Toronto Stock Exchange and on Nasdaq Stockholm under the symbol "AOI".

Additional Information

This information is information that Africa Oil is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out above, at 5:30 p.m. ET on December 31, 2021.

AFRICA OIL ANNOUNCES SHARE CAPITAL UPDATE (CNW Group/Africa Oil Corp.)

SOURCE Africa Oil Corp.

Shahin Amini, IR and Commercial Manager, [email protected], T: +44 (0)203 982 6800; Sophia Shane, Corporate Development, [email protected], T: +1 (604) 806-3575