NFK.h has transferred to the NEX board of the TSX Venture. Africa Hydrocarbons announces transfer to NEX board 20 Jul 2015 Photo - see caption Further to its news releases dated March 19, 2015, Africa Hydrocarbons has announced that it has been transferred to the NEX board of the TSX Venture Exchange. The Company will be continuing its search for corporate transactions that may include asset acquisitions, mergers and takeovers. Original article link https://apps.tmx.com/en/nex/aboutUs/about.html What is NEX? NEX - a unique market niche NEX is a unique and separate board of TSX Venture Exchange. It provides a unique trading forum for listed companies that have fallen below TSX Venture's ongoing listing standards. Going forward, companies that have low levels of business activity or have ceased to carry on active business will trade on the NEX board, while companies that are actively carrying on business and pursuing growth and shareholder value will remain with the main stock list of TSX Venture Exchange. This differentiation provides two distinct marketplaces - each with its own risk profile, unique characteristics and specific opportunities. NEX companies will benefit from the support and visibility provided by a listing and trading environment tailored to their needs, while the profile and reputation of TSX Venture Exchange companies will be enhanced as a result of the overall improved quality of the main TSX Venture stock list. A fresh start for TSX Venture Exchange "inactives" Before NEX was created, companies that fell below TSX Venture's ongoing listing standards were designated "inactive" and given 18 months to meet the standards or be delisted. Now, with NEX, these companies are relieved of the pressure of a delisting deadline, are more visible as potential takeover targets or investment opportunities and can continue to trade within the prestigious TMX Group of stock exchanges. NEX streamlines and simplifies With short, simple, easy-to-read rules and streamlined filing obligations, NEX reduces the complexity of complying with exchange policies - giving these companies more time to focus their efforts on reactivation. This does not mean that disclosure standards have been relaxed. NEX companies are subject to the same disclosure standards as all Canadian public companies and must maintain good standing with all relevant Canadian securities commissions. In addition, surveillance standards of NEX companies remain unchanged - they continue to be overseen by the same independent service that monitors TSX Venture Exchange and Toronto Stock Exchange companies. NEX Advantages at a Glance Simplified Rules: Companies falling below TSX Venture listing standards now have a place with simplified rules where they can trade while they seek additional opportunities to refinance, reactivate or reinvent themselves. Differentiates Companies: The clear separation of companies that meet and don't meet TSX Venture standards enables investors to more easily select companies appropriate to the risk level of their investment profiles. Gives Shareholders Another Chance: Existing shareholders of NEX companies have another chance of making a return on their investment (compared to delisting, which terminates investment potential). Smoothes Listing Transitions: NEX companies continue to maintain a relationship with TMX Group, smoothing the transition to active listed status on TSX Venture Exchange when and if the opportunity arises. Facilitates Connections: NEX's distinct profile facilitates connections between deal-makers exploring potential opportunities and company management examining reactivation alternatives. Provides a Going Public Alternative: NEX companies provide an easy-to-identify alternative entrance via a share exchange transaction for non-listed companies seeking a listing on a national exchange. Trades on TMX Group Technology: Trading on the NEX open auction market takes place on the same fully electronic system as TSX Venture Exchange, and is governed by identical trading rules. Improves the Main TSX Venture Stock List: TSX Venture Exchange, its listed companies and their investors benefit from the positive effects of an improved stock list composed of companies actively carrying on business and working to create shareholder value.