Oil and Gas Exploration in Africa

Investors

Share Structure

as of November 30, 2022

Share Capital Summary
Authorized Share Capital:Unlimited number of common shares without par value
Issued and Outstanding:1,407,812,249  Shares

Outstanding Options

No. of Optioned SharesExpiry DateExercise Price (Cdn)
8,710,00014-May-23$0.165
8,975,0001-Mar-24$0.245
11,620,00025-Mar-25$0.170
22,951,66710-Nov-26$0.275
21,521,66725-Mar-27$0.250
Total     73,778,334Weighted Average$0.230

Summary

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

Total Shares1,407,812,249 shares
Total Options & Warrants73,778,334 options
Fully Diluted Share Position:1,481,590,583 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