News

AFRICA OIL SHARE CAPITAL AND VOTING RIGHTS UPDATE

March 1, 2023

VANCOUVER, BC, March 1, 2023 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") 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 cancellation of shares repurchased by Africa Oil under the Company's previously announced share repurchase program, Africa Oil now has 460,047,797 common shares issued and outstanding with voting rights as at February 28, 2023.

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 11:00 ET on March 1, 2023.

AFRICA OIL SHARE CAPITAL AND VOTING RIGHTS UPDATE (CNW Group/Africa Oil Corp.)

SOURCE Africa Oil Corp.

Shahin Amini, IR and Commercial Manager, [email protected], T: +44 (0)20 8017 1511