Africa Oil Share Capital & Voting Rights Update

Source: www.gulfoilandgas.com 3/31/2023, Location: North America

Africa Oil Corp. ("Africa Oil", or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.

As a result of the cancellation of shares repurchased by Africa Oil under the Company's previously announced share repurchase program, the exercise of stock options, and the settlement of share units issued under the Company's Long-Term Incentive Plan, Africa Oil now has 462,217,871 common shares issued and outstanding with voting rights as at March 31, 2023.

The Company has revised the date for its annual general meeting of shareholders, and the meeting will be held on May 25, 2023.


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