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Africa Oil Gains Support for Ownership Consolidation

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Africa Oil Gains Support for Ownership Consolidation

Africa Oil (TSE:AOI) has released an update.

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Africa Oil Corp. has received endorsements from ISS and Glass Lewis for its shareholders to approve a share issuance for consolidating ownership of Prime Oil & Gas. The company’s leadership and major shareholder support the resolution, with a special meeting scheduled for October 15, 2024, to finalize the vote.

For further insights into TSE:AOI stock, check out TipRanks’ Stock Analysis page.

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