Africa Oil Announces Agreement To Consolidate the Remaining 50% Interest in Prime
Transaction consolidates ownership in core cash generating assets and brings in a new strategically aligned cornerstone investor, enabling enhanced shareholder returns and a materially stronger growth proposition VANCOUVER, BC, June 24, 2024 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce it has reached an agreement with BTG Pactual Oil & Gas S.a.r.l. (“BTG Oil & Gas”) to consolidate their respective shareholdings in Prime Oil & Gas Coöperatief U.A. (“Prime”). This will provide Africa Oil shareholders with significant