Africa Oil Announces Additional Investment in Impact Oil and Gas
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, December 20, 2018 /CNW/: Africa Oil Corp. (TSX: AOI) (OMX: AOI) (“Africa Oil”, “AOC” or the “Company”) is pleased to announce that it has made further investments of US$20.5 million in Impact Oil and Gas Limited (“Impact”), a private UK company with exploration assets in South and West Africa. Additional Investment in Impact Oil and Gas The Company has entered into a subscription agreement (the “Subscription Agreement”) with Impact providing for the exercise by AOC of the