Africa Energy Corp V.AFE

Alternate Symbol(s): HPMCF

Energy Oil & Gas E&P

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.

TSXV:AFE - Post by User

Africa Energy Corp

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Comment by DeadMau5on May 19, 2012 7:53pm

376 Views

Post# 19929228

RE: RE: RE: Dont forget the AGM

I very strongly agree with his other stock of MMT (Mart Resources). you may have caught my post last week about them on this board. It is good for a summary of where we are today and what is to come. Very strong company with a SP at an unreal entry point level!! V.MMT -- ALSO, just a heads up, the discussion board is poluted w/ discussion of a dividend and/or share buy back.. Just ingore all that when you are doing your own research. It's a huge question for everyone, and I personally think there will be a dividend announced this year JMHO.

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