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AFRICA OIL ANNOUNCES SHARE CAPITAL AND VOTING RIGHTS UPDATE AND THE DATE OF ITS AGM
AFRICA OIL ANNOUNCES SHARE CAPITAL AND VOTING RIGHTS UPDATE AND THE DATE OF ITS AGM Can...
About this update from Meren Energy Inc.
[{"type":"text","content":"\n\n\n\n AFRICA OIL ANNOUNCES SHARE CAPITAL AND VOTING RIGHTS UPDATE AND THE DATE OF ITS AGM\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n March 31, 2025\n \n\n /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI)\n \n – Africa Oil Corp.\n \n (\"Africa Oil\", \"AOC\" or the \"Company\") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.\n \n\n PDF Version\n \n\n\n\n As a result of the issuance of 239,828,655 common shares to BTG Pactual Oil & Gas S.a.r.l,  in connection with the completion of the amalgamation to consolidate all of the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil; the issuance of 1,942,655 common shares in connection with the settlement of restricted share units and performance share units under the Company's long-term incentive plan during\n \n March 2025\n \n ; and the cancellation of 394,000 shares in connection with the share buybacks executed during February 2025, Africa Oil now has  674,673,427 common shares issued and outstanding with voting rights as at March 31, 2025.\n \n\n The Company's Annual General Meeting of Shareholders will be held on\n \n Thursday, June 12, 2025\n \n , with a record date of\n \n April 24, 2025\n \n . The Company will provide a further update once the Notice of Meeting, Management Information Circular, and related meeting materials have been published.\n \n\n\n About Africa Oil\n \n\n\n Africa Oil is a full-cycle Independent upstream oil and gas company with interests offshore\n \n Nigeria\n \n ,\n \n Namibia\n \n ,\n \n South Africa\n \n and\n \n Equatorial Guinea\n \n . Its main assets are producing and development assets in deepwater\n \n Nigeria\n \n operated by Majors. The Company holds a leading position in the Orange Basin including its effective interest in the Venus light oil project, offshore\n \n Namibia\n \n , and its direct interest in Block\n \n 3B\n \n /\n \n 4B\n \n , offshore\n \n South Africa\n \n . The Compa...