Africa Energy Closes Books in Upsized USD 25 Million Private Placement
(WorldNews Canada)

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Jan. 28, 2020/CNW/ - Africa Energy Corp. (TSX Venture: AFE, Nasdaq First North Stockholm: AEC) (`Africa Energy` or the `Company`), an oil and gas company with exploration assets offshore South Africaand Namibia, announces that it has successfully completed the book-building for the previously announced equity issue (the `Private Placement`) of common shares in the Company (the `Common Shares`). View PDF version. After upsizing from the original goal of USD 20 million, the Private Placement is expected to result in aggregate gross proceeds of USD 25 millionto the Company through the issuance...