Zenith Energy confirms that the resolution put before shareholders of AIM listed Anglo African Oil & Gas plc ("AAOG") at a general meeting held earlier today to approve the sale to Zenith of a 100 per cent interest in its fully owned subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo S.A.U ("AAOG Congo"), has been passed.
As announced on April 17, 2020, the Company entered into a conditional deed of variation to vary the terms of a share purchase agreement with AAOG for the acquisition of a 100 per cent interest in AAOG Congo and related intercompany loans (the "Acquisition") for a revised total consideration of £200,000.
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