Oil and Gas Exploration in Africa

Investors

Share Structure

as of April 30, 2020

Share Capital Summary
Authorized Share Capital:Unlimited number of common shares without par value
Issued and Outstanding:789,384,935 Shares

Outstanding Options

No. of Optioned SharesExpiry DateExercise Price (Cdn)
3,150,000May 21, 2020$0.170
1,350,000August 13, 2020$0.130
900,000February 3, 2021$0.110
4,020,000May 16, 2021$0.125
950,000June 1, 2021$0.110
2,500,000July 5, 2022$0.170
17,346,667May 14, 2023$0.165
206,667July 5, 2023$0.165
13,695,000March 1, 2024$0.245
14,700,000March 25, 2025$0.170
Total 58,818,333 Weighted average: $0.18

Summary

Assuming all of the outstanding options and warrants are exercised, the fully diluted share position of the Company is as follows:

Total Shares789,384,935 shares
Total Options & Warrants58,818,333 options
Fully Diluted Share Position:848,203,268 shares

Insider Shareholdings

Shareholdings by insiders can be found on the following websites:

Canada - System for Electronic Disclosure by Insiders www.sedi.ca
Sweden - Swedish Financial Supervisory Authority www.fi.se