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Africa Energy (TSXV: AFE) to Implement 5:1 Share Consolidation
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Highlights
Africa Energy Corp. (TSXV: AFE; Nasdaq First North: AEC) is a Canadian exploration-stage company with a focus on oil and gas opportunities offshore South Africa. It is dual listed on the TSX Venture Exchange and Nasdaq First North Growth Market.
The company has announced an update regarding its planned 5-for-1 share consolidation, following previous disclosures in January and March 2025. The consolidation was approved by shareholders at a special meeting held on March 27, 2025, and is expected to take effect on May 30, 2025, pending approval from the TSX Venture Exchange (TSXV).
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