Africa Oil (TSE:AOI) has released an update.
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Africa Oil Corp. has received approval from the Nigerian Upstream Petroleum Regulatory Commission for its consolidation with BTG Pactual, leading to complete ownership of Prime Oil & Gas. This regulatory clearance allows the company to move forward with the transaction, expected to be finalized by the first quarter of 2025.
For further insights into TSE:AOI stock, check out TipRanks’ Stock Analysis page.
