Africa Energy Announces Annual Meeting Voting Results
Shareholders voted as follows on the matters before the meeting:
View PDF
Election of Directors
Shareholders elected the following six (6) board members to serve on the Company's board of directors until the next annual meeting of shareholders or until their successors are elected or appointed:
Nominee
For
% For
Withheld
% Withheld
Johnny Copelyn
160,416,927
99.97 %
52,547
0.03 %
Keith Hill
160,422,494
99.97 %
46,979
0.03 %
Robert Nicolella
160,417,498
99.97 %
51,975
0.03 %
Siraj Ahmed
160,160,727
99.81 %
308,747
0.91 %
Phindile Masangane
160,367,483
99.94 %
101,991
0.06 %
Larry Taddei
160,369,783
99.94 %
99,691
0.06 %
Appointment of Auditors
Shareholders appointed MNP LLP as auditor of the Company for the upcoming year and authorized the directors of the Company to fix the remuneration of the auditor with 99.91% of shares represented at the meeting voting in favour.
Approval of Stock Option Plan
The Company's incentive stock option plan was approved by shareholders with 99.34% of shares represented at the meeting voting in favour.
About Africa Energy Corp.
Africa Energy Corp. is a Canadian oil and gas exploration company focused on South Africa. The Company is listed in Toronto on TSX Venture Exchange (ticker "AFE") and in Stockholm on Nasdaq First North Growth Market (ticker "AEC").
Important information
Africa Energy is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above on June 20, 2025, at 5:00 p.m. ET.
The Company's certified advisor on Nasdaq First North Growth Market is Bergs Securities AB, +46 739 49 62 50, .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Africa Energy Corp.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Toronto Star
4 hours ago
- Toronto Star
B.C.‘s independent wood manufacturers decry retroactive U.S. softwood duties
VANCOUVER - British Columbia's independent wood product makers say hundreds of small- and medium-sized manufacturers may be forced to shut down in light of the latest decision from the United States to raise anti-dumping duties on Canadian softwood. The province's Independent Wood Processors Association says in a release that the U.S. Commerce Department's decision this week to raise duties also includes a requirement for Canadian companies to retroactively remit duties for products shipped to the United States since Jan.1, 2023.
Winnipeg Free Press
4 hours ago
- Winnipeg Free Press
B.C.'s independent wood manufacturers decry retroactive U.S. softwood duties
VANCOUVER – British Columbia's independent wood product makers say hundreds of small- and medium-sized manufacturers may be forced to shut down in light of the latest decision from the United States to raise anti-dumping duties on Canadian softwood. The province's Independent Wood Processors Association says in a release that the U.S. Commerce Department's decision this week to raise duties also includes a requirement for Canadian companies to retroactively remit duties for products shipped to the United States since Jan.1, 2023. Association chair Andy Rielly says in a statement that the requirement to pay duties on products shipped in the last 31 months could not only force small B.C. producers to shut down, but may also threaten operators' personal assets as they may have to risk using their homes as collateral to secure bonds to pay. Rielly is urging the Canadian government to create support programs to make sure B.C.'s independent wood processors can keep workers employed and their companies running. The U.S. Commerce Department said earlier in the week it will raise anti-dumping duties on Canadian softwood to 20.56 per cent, drawing the ire of several B.C. industry groups such as the B.C. Council of Forest Industries and the B.C. Lumber Trade Council. The Independent Wood Processors Association says the the 'all-others' rate affecting its members will be raised from 14.4 per cent to 27.3 per cent, with the possibly of another increase 'in the coming weeks' potentially pushing the duties for their products to as high as 35 per cent. 'Until the Canadian government can negotiate a settlement to this long-festering dispute, we need a government support program to keep our workers employed,' Rielly says, adding an overall duty of 35-per-cent would force members to pay retroactive duties of 27 per cent on products already shipped. Monday Mornings The latest local business news and a lookahead to the coming week. Association executive director Brian Menzies describes independent wood product producers as 'collateral damage' in the trade war, and says the only hope they have of avoiding the hit is either 'a favourable appeal from the Canada-US-Mexico Agreement' or 'pursuing a bilateral negotiated resolution.' 'We should not face export taxes or quotas,' Menzies says. 'Our raw materials are not subsidized, and we are too small to 'dump' our products in the U.S. market. 'We acquire logs and lumber at 'arm's length' from various suppliers on the open market, just like claims made by members of the U.S. Lumber Coalition, and yet our Canadian companies along with U.S. consumers must pay these unfair and costly duties.' Prime Minister Mark Carney had previously said that a future U.S.-Canada trade deal could include softwood lumber quotas. This report by The Canadian Press was first published July 26, 2025.
Toronto Star
10 hours ago
- Toronto Star
How companies can smash the lavender ceiling for LGBTQ workers
Across the world, LGBTQ+ communities are confronting a growing tsunami of hostility — laws targeting their identities, escalating social ostracism, and rhetoric that feels ripped straight from darker chapters of history. But there's another battlefront, quieter yet no less fierce: the sleek, hushed boardrooms of corporate power. In Canada, as in much of the world, the lavender ceiling remains stubbornly intact, nearly invisible yet profoundly unyielding. Take this sobering statistic: among the more than 9,300 directors who graced Toronto Stock Exchange-listed companies from 2015 to 2022, just 0.15 per cent were openly LGBTQ+. That's a stark contrast to the 4.4 to to nine per cent of the Canadian population who identify as LGBTQ+. The math here isn't merely off — it's screamingly wrong. It suggests not just oversight, but wilful ignorance.
