AFRICA OIL SHAREHOLDERS APPROVE THE RESOLUTION TO CONSOLIDATE THE OWNERSHIP OF PRIME IN AFRICA OIL
VANCOUVER, BC, Oct. 15, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to report the voting results from the Company's special meeting ("Meeting") of shareholders held today in Vancouver, British Columbia. This meeting was held for shareholders to vote on the resolution to approve the issuance of Common Shares to BTG Pactual Oil & Gas S.à r.l. in connection with the amalgamation of Africa Oil Papa Corp., a wholly owned subsidiary of Africa Oil, and BTG Pactual Holding S.à r.l. ("Amalgamation") This is for the purpose of consolidating 100% ownership of Prime Oil & Gas Coöperatief U.A. ("Prime") in Africa Oil. View
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