February 24, 2015 / 6:08 AM / 2 years ago

BRIEF-Africa Oil sells 57 mln shares at SEK 18.50 in private placement

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Feb 24 (Reuters) - Africa Oil Corp

* Africa oil closes us$125 million brokered private placement

* An aggregate of 57,020,270 common shares, issued at a price of SEK 18.50 (Cdn $2.74 equivalent) per share for gross proceeds of SEK 1,054,874,995, or US $125,000,000 equivalent

Link to press release: here Further company coverage: (Reporting By Bjorn Rundstrom)

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