Oil and Gas Exploration in Africa

Investors

Share Structure

as of December 31, 2021

Share Capital Summary
Authorized Share Capital:Unlimited number of common shares without par value
Issued and Outstanding:1,398,603,039 Shares

Outstanding Options

No. of Optioned SharesExpiry DateExercise Price (Cdn)
2,500,0005-Jul-22$0.170
11,230,00014-May-23$0.165
11,285,0001-Mar-24$0.245
14,495,00025-Mar-25$0.170
23,210,00010-Nov-26$0.275
Total     62,720,000Weighted Average$0.220

Summary

Assuming all of the outstanding options and warrants are exercised, the fully diluted share position of the Company is as follows:

Total Shares1,398,603,039 shares
Total Options & Warrants62,720,000 options
Fully Diluted Share Position:1,461,323,040 shares

Insider Shareholdings

Shareholdings by insiders can be found on the following websites:

Canada - System for Electronic Disclosure by Insiders www.sedi.ca
Sweden - Swedish Financial Supervisory Authority www.fi.se