Oil and Gas Exploration in Africa

Investors

Equity Financings

DateSharesPriceProceedsNotes
March 31, 2025988,000,000C$0.02US$13,794,810*

Common Shares

September 30, 202081,667,000C$0.45 (SEK 3.00)US$27,600,000

Common Shares

February 5, 2020104,652,174C$0.32 (SEK 2.30)US$25,000,000

Common Shares

May 4, 2018362,390,625C$0.16 (SEK 1.09)US$45,000,000

Common Shares

November 16, 201660,000,000C$0.25C$15,000,000

Common Shares

December 31, 2015115,041,666C$0.06US$5,000,000

Common Shares

March 30, 201532,486,153C$0.13C$4,223,200

Common Shares

* The transaction consisted of a shares for debt component whereby the Company settled US$5,425,607 of existing indebtedness through the issuance of 389,847,000 Shares to existing debtholders and a non- brokered private placement of 598,153,000 Shares for aggregate gross proceeds of US$8,369,203.