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Africa Energy Corp. 
Listed Company 

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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