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CAD $14m subscription by Africa Oil Corp Strategic Alliance Agreement on Current and New Ventures

CAD $14m subscription by Africa Oil Corp Strategic Alliance Agreement on Current and New ...

articleEco (atlantic) Oil & Gas Ltd.November 13, 20174/company/eco-atlantic-oil-and-gas-ltd/news/cad-dollar14m-subscription-by-africa-oil-corp-strategic-alliance-agreement-on-current-and-new-ventures
CAD $14m subscription by Africa Oil Corp Strategic Alliance Agreement on Current and New Ventures

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[{"type":"text","content":"CAD $14m subscription by Africa Oil Corp Strategic Alliance Agreement on Current and New Ventures\n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t CAD $14m subscription by Africa Oil Corp Strategic Alliance Agreement on Current and New Ventures\n Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO; TSX-V: EOG), is pleased to announce that the Company has entered into an agreement with Africa Oil Corp (\"AOC\") whereby AOC has subscribed for shares in the Company as well as entered into a Strategic Alliance Agreement to identify new projects to add to the Company's portfolio (the \"Subscription Agreement\").\n\n\nHighlights:\n\n\n\tThe Company is raising approximately CAD $14 million (£8.46 million) by way of a subscription\n\t \n\n\n\n\tThe price of the Subscription Shares represents a premium of approximately 28% per cent to the closing mid-market price of 0.375c (TSX-V) / 22.25GBp (AIM) on 10 November 2017\n\t \n\n\n\n\tAOC will hold an interest in E...

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