TSX VENTURE COMPANIES:
AFRICA ENERGY CORP. ("AFE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: April 8, 2015 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 11, 2015 and March 24, 2015:
Number of Shares: 32,486,153 shares
Purchase Price: $0.13 per share
Number of Placees: 8 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Africa Oil Corp. Y 9,593,077
Finder's Fee: CIBC World Markets - $5,200.00 Hanson Peak Energy Corporate Finance - $65,000.00 Pareto Securities AB - $9,750.00
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. ________________________________________
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