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*Pan African Oil Ltd. 
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PAN AFRICAN OIL LTD. ("PAO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement dated April 2, 2013 between Algold Resources Ltd. (TSXV: ALG) ("Algold" formerly Kanosak Capital Venture Corporation), Kanosak (Barbados) Ltd. and Pan African Oil Ltd. (the "Company", formerly Gondwana Gold Inc.), as amended. Pursuant to the Agreement, the Company shall sell 100% of the shares of LMZ Gold Burkina SARL to Algold.

As consideration, Algold shall pay $30,000 and issue up to 8,000,000 shares to the Company.

For more information, refer to the Company's news releases dated April 3, 2013 and May 24, 2013.
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