Africa Energy Announces Contemplated Private Placement
(WorldNews Sweden)

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, Sept. 21, 2020/CNW/ - Africa Energy Corp. (TSXV: AFE) (Nasdaq First North Growth Market: AEC) (`Africa Energy` or the `Company`), an oil and gas company with exploration assets offshore South Africaand Namibia, announces that it intends to undertake an equity issue, on a private placement basis, of up to USD 25 millionin newly issued common shares of the Company (the `Offer Shares`) through an accelerated book-building process (the `Private Placement`). View PDF version The Company retains the right to increase the size of the Private Placement at its discretion based on demand. The...