June 3, 2014 (AOI–TSX, AOI–NASDAQ OMX First North) … Africa Oil Corp. (“Africa Oil” or the “Company”) is pleased to announce that the nominees listed in the management information circular for the 2014 Annual Meeting of Shareholders (“Annual Meeting”) were elected as directors of Africa Oil. Detailed results of the vote for the election of directors held at the Annual Meeting earlier today are set out below.
Nominee | Votes For | % For | Votes Withheld | % Withheld |
Keith C. Hill | 105,452,113 | 98.07 | 2,078,388 | 1.93 |
J Cameron Bailey | 101,313,130 | 94.22 | 6,217,371 | 5.78 |
Gary S. Guidry | 104,863,052 | 97.52 | 2,667,449 | 2.48 |
Bryan M. Benitz | 106,904,254 | 99.42 | 626,247 | 0.58 |
John H. Craig | 104,661,585 | 97.33 | 2,868,916 | 2.67 |
Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and Ethiopia as well as Puntland (Somalia) through its 45% equity interest in Horn Petroleum Corporation. Africa Oil's East African holdings are within a world-class exploration play fairway with a total gross land package in this prolific region in excess of 215,000 square kilometres. The East African Rift Basin system is one of the last of the great rift basins to be explored. Seven new significant discoveries have been announced in the Northern Kenyan basin in which the Company holds a 50% interest along with operator Tullow Oil plc. The Company is listed on the Toronto Stock Exchange and on First North at NASDAQ OMX-Stockholm under the symbol "AOI".
ON BEHALF OF THE BOARD
“Keith C. Hill”
President and CEO
For further information, please contact: Sophia Shane, Corporate Development (604) 689-7842.
Africa Oil’s Certified Advisor on NASDAQ OMX First North is Pareto Securities AB.