Pursuant to a resolution passed by shareholders on March 27, 2025, the company has consolidated its capital on a one-new-for-five-old basis. The name of the company has not been changed.

Effective at the opening of Friday, May 30, 2025, the shares of Africa Energy Corp. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as an oil and gas company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 479,162,450 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Computershare Investor Services Inc.

Trading symbol:  AFE (unchanged)

Cusip No.:  00830W 50 1 (new)