Douglas Wu, a Senior Officer and Director, acquired 375,000 Common Shares on a direct ownership basis at a price of $0.160 through a prospectus or prospectus exempt offering on July 31st, 2017. The insider also acquired 375,000 Warrants with an exercise price of $0.210 for 12 months. This represents a $60,000 investment into the company's shares and an account share holdings change of greater than 100%.
Africa Hydrocarbons is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Africa Hydrocarbons Inc is a Canada-based exploration-stage oil and gas company. The Company is engaged in the acquisition and development of energy assets, with a focus on Africa. The Company's segments include Tunisia and Canada. The Company's principal business was to explore natural resource properties. The Company previously held interest in the Bouhajla project. The Company is also exploring for venture opportunities outside of Africa. The Company's subsidiaries include Watutatu Inc., Africa Hydrocarbons (Bahamas) Ltd. and Africa Hydrocarbons Tunisia Ltd.
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