Off-market insider net buying at Africa Energy (AFE)

Off-market insider net buying at Africa Energy (V:AFE)

Jan Joost Maier, a Senior Officer, acquired 700,000 Common Shares on a direct ownership basis at a price of $0.170 through a private transaction on May 21st, 2020. This represents a $119,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Africa Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Africa Energy Corp. (Africa Energy), formerly Horn Petroleum Corporation, is a Canada-based exploration-stage international oil and gas exploration and development company. The Company focuses on the BLOCK 2B in South Africa. Block 2B covers approximately 4,360 square kilometers of the South African Western offshore approximately 300 kilometers north of Cape Town. Block 2B is an under explored, shallow water area off the west coast of South Africa containing a proven hydrocarbon-bearing rift basin.