Africa Energy Closes Previously Announced Non-Brokered Private Placement and Shares for Debt Transaction
Africa Energy Corp. (TSXV: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company") announces the successful closing of its non-brokered private placement of common shares of the Company (the "Shares") previously announced on December 23, 2024 and updated on January 30, 2025. As previously disclosed, the transaction consisted of a shares for debt transaction whereby the Company settled US$5,425,607 (C$7,796,940) of existing indebtedness through the issuance of 389,847,000 Shares to exis