Africa Oil Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 30, 2015) - Africa Oil Corp. ("Africa Oil" or the "Company) (TSX:AOI)(OMX:AOI) is pleased to provide the following update on the appraisal program in the South Lokichar Basin. In Kenya, the extensive appraisal program in the South Lokichar Basin continues. The Amosing -1 and Amosing -2 wells have been completed in five zones with hydraulically controlled completions that [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 17, 2015) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company) is pleased to announce the following changes to its management team. Nick Walker who is currently Chief Operating Officer will be leaving the Company to join another Lundin Group Company, Lundin Petroleum AB. Nick's role in Lundin Petroleum will be the subject of a separate announcement by Lundin [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 31, 2015) - (TSX:AOI)(OMX:AOI) - Africa Oil Corp. ("Africa Oil" or the "Company") reports that in accordance with the Swedish Financial Instruments Trading Act, the Company announces the following: As a result of the issuance of shares pursuant to the exercise of employee stock options, as at March 31, 2015, the number of issued and outstanding shares of the Company is [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 11, 2015) - Africa Oil Corp. ("Africa Oil" or the "Company") (TSX:AOI)(OMX:AOI) is pleased to provide an operational update on its exploration activities in Kenya. The Company is continuing its extensive exploration and appraisal program in the South Lokichar Basin in Blocks 10BB and 13T, which has the objectives of proving reservoir quality and upgrading the resource [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 27, 2015) - Africa Oil Corp. ("Africa Oil" or the "Company") (TSX:AOI)(OMX:AOI) reports that in accordance with the Swedish Financial Instruments Trading Act, the Company announces the following: As a result of the issuance of shares pursuant to closing a private placement and the exercise of employee stock options, as at February 27, 2015, the number of issued and [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 26, 2015) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company") is pleased to announce its 2014 financial and operating results for the three months and year ended December 31, 2014. On the back of the successful exploration activities in Kenya during 2012 and 2013, the Company and its partners ramped up its exploration and appraisal program in Kenya and [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 23, 2015) - THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Africa Oil Corp. ("Africa Oil" or the "Company") (TSX:AOI)(OMX:AOI) is pleased to announce that it has closed the US$125,000,000 brokered private placement, previously announced on February 13, 2015. An aggregate of 57,020,270 common shares, issued at a [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 20, 2015) - THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") (TSX:AOI)(OMX:AOI) is pleased to announce the approval and publication of an admission to trading prospectus in connection with its private placement announced on February 12, 2015. The admission to [...]

Africa Oil is pleased to provide an update further to the announcement of February 12, 2015, that the Company has agreed to sell, on a brokered, private placement basis, an aggregate of approximately 57 million common shares at a price of SEK 18.5, per share for gross proceeds of SEK 1,055 million, or US $125 million equivalent.

Africa Oil is pleased to announce that it intends to raise US$ 100 million in new equity through a private placement of new common shares and has retained Dundee Securities Europe LLP and Pareto Securities as joint bookrunners to advise on and effect the private placement on a reasonable commercial efforts basis at a price per share to be determined through a book-building process.