Africa Energy Reports Second Quarter 2018 Results
VANCOUVER, BC, August 14, 2018 /CNW/ - Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) (“Africa Energy” or the “Company”), an oil and gas company with exploration assets offshore Namibia and South Africa, announces financial and operating results for the three and six months ended June 30, 2018.
HIGHLIGHTS
The Company achieved the following key milestones year-to-date in 2018:
· Private Placement – Completed a private placement on May 4, 2018 for gross proceeds of approximately US$45.0 million, which funds the Company’s near-term high-impact exploration drilling