Africa Oil Announces Correction To Q2 Financial Results - Quick Facts

(RTTNews) - Africa Oil Corp. (AOI.V, AOI.TO, AOIFF) reported a correction to its financial results for the second quarter of fiscal 2014, announced on Friday, August 8, 2014.

The company said that the seventeenth bullet point in its press release dated August 8 should have stated, "Africa Oil opened the second quarter with cash of $434.3 million and working capital of $360.1 million. Africa Oil ended the second quarter with cash of $350.1 million and working capital of $245.3 million."

Instead, the company had said in its press release that it ended the quarter with cash of $434.3 million and working capital of $360.1 million.