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I'm Samantha Deutscher for Investmentpitch.com
Gondwana Oil Corp is one of the latest new listings on the Canadian Securities Exchange,
formerly known as the Canadian National Stock Exchange, and is trading under the symbol
"GO".
The company's warrants are also listed and will trade under the symbol "GO.WT".
Gondwana Oil resulted from the business combination of Mantis Mineral Corp (CSE:MYN) and Gondwana
Energy.
Prior to the closing, Gondwana completed a private placement of approximately 701 million
special warrants raising approximately $3.5 million.
Gondwana Energy is actively involved in the development of prolific oil and gas targets
offshore resource friendly Ghana, which is ranked among the top jurisdictions in Africa
for conducting business.
Through a subsidiary, the company acquired a 70% exclusive right to a 1,604 square acre
project, surrounded by majors, and located adjacent to the world-class Jubilee field,
a 2 billion barrel field producing 110,000 barrels of light 37 API oil per day.
This area has had an unprecedented and incredible 65% rate of discovery on offshore wells drilled
over the last 5 years, with multiple recent new discoveries on the west and north borders
of the Block targeting same aged rocks as Jubilee.
With the project, the company inherited well over $200 million worth of data, including
2,738 line kilometres of 3D seismic & 1,687 line kilometres of 2D seismic, ready to be
re-interpreted.
For more information please visit the company`s website www.gondwanaoil.com, or call Robin
Ross, President and CEO at 416-362-1800.
I'm Samantha Deutscher for Investmentpitch.com For more video news, and to view our disclaimer,
please visit our website at www.investmentpitch.com This video is for information purposes only
and it not a recommendation to buy or sell any securities.