Insider Buying: Africa Energy Corp (AFE) Insider Buys 350,000 Shares of Stock

Africa Energy Corp (CVE:AFE) insider Garrett Soden acquired 350,000 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The shares were acquired at an average cost of C$0.19 per share, with a total value of C$66,500.00.

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Separately, TD Securities lowered their price target on Africa Energy Corp from C$0.35 to C$0.30 and set a “speculative buy” rating on the stock in a research report on Wednesday, April 5th.

About Africa Energy Corp

Africa Energy Corp. (Africa Energy), formerly Horn Petroleum Corporation, is a Canada-based exploration-stage international oil and gas exploration and development company. The Company focuses on the BLOCK 2B in South Africa. Block 2B covers approximately 4,360 square kilometers of the South African Western offshore approximately 300 kilometers north of Cape Town.

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