Africa Energy Reports First Quarter 2018 Results
VANCOUVER, BC, May 11, 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 months ended March 31, 2018. HIGHLIGHTS The Company achieved the following key milestones year-to-date in 2018: · Private Placement – Completed a private placement for gross proceeds of approximately US$45.0 million, which funds the Company’s near-term high-impact exploration drilling program; · Secondary