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Share Capital

Issued and Outstanding as of January 31, 2025

675,909,193

Unlimited number of common shares without par value

The following table outlines the maximum potential impact of share dilution upon full execution of outstanding convertible instruments as at the effective date of the MD&A – December 31, 2025.
 
Column 1Number
Common shares outstanding675,909,193
Outstanding share purchase options22,616
Outstanding restricted share units1,368,733
Outstanding share performance units10,992,194
Full dilution impact on common shares outstanding688,292,736

Insider Shareholdings

Shareholdings by insiders can be found on the following websites:

Equity Financing

Meren Energy Logo

Africa Oil Corp. has rebranded to Meren Energy Inc.