Chandler Corporation Announces Acquisition of Shares of Africa Oil Corp

Chandler Corporation Announces Acquisition of Shares of Africa Oil Corp 
SINGAPORE, Oct. 29, 2013 /CNW Telbec/ - The Chandler Corporation announced 
today that Jasmine Capital Investments Pte. Ltd. ("Jasmine") has on 28 October 
2013, acquired beneficial ownership of 6,905,000 common shares (the "Purchased 
Shares") of Africa Oil Corp. (the "Issuer") at a price of SEK 51.75 per 
Purchased Share, or approximately Cdn$8.53 per Purchased Share, based on the 
Bank of Canada's noon exchange rate on 28 October, 2013. The Purchased Shares 
were purchased pursuant to a brokered private placement (the "Offering"). 
The Purchased Shares represent approximately 2.23% of the issued and 
outstanding common shares of the Issuer (based on 309,470,323 issued and 
outstanding common, taking into account the common shares issued to investors 
pursuant to the Offering). As a result of this purchase, Jasmine's 
shareholding in the Issuer is now an aggregate of 31,866,828 common shares, 
which represents approximately 10.30% of the common shares of the Issuer that 
are issued and outstanding immediately following the Offering. 
As a result of this acquisition and pursuant to applicable Canadian securities 
laws, each of Chandler Holdings Limited ("CHL"), CHL's sole shareholder, 
Chandler Corporation ("CC"), CC's sole shareholder, Athena Holdings Limited 
(in its capacity as trustee of the Chandler Group Trust, a discretionary 
trust) and CHL's direct wholly-owned subsidiary, Chandler Capital Pte. Limited 
("CCPL") (which owns all of the shares of Jasmine), is deemed to beneficially 
own the Purchased Shares. CHL exercises control and direction over the 
Purchased Shares. 
The Purchased Shares were acquired in the ordinary course of business for 
investment purposes.Jasmine, CCPL, CHL, CC and Athena Holdings Limited (in 
its capacity as trustee of the Chandler Group Trust, a discretionary trust) 
may, from time to time and at any time, subject to applicable securities laws, 
acquire additional common shares of the Issuer and/or other equity, debt or 
other securities or instruments (collectively, "Securities") of the Issuer in 
the open market or otherwise may dispose of any or all of its Securities in 
the open market or otherwise, at any time and from time to time, and engage in 
any hedging or similar transactions with respect to the Securities, in each 
case subject to applicable securities laws. 
About the Chandler Corporation
The Chandler Corporation is an international investment group founded by New 
Zealand entrepreneur Richard F. Chandler. Since 1986, the Chandler Corporation 
has invested globally in public and private equity, across a range of industry 
sectors including, financial services, and healthcare. The Chandler 
Corporation distinguishes itself through its understanding of market cycles, 
value, and risk, bringing a long-term perspective to all of its investments. 
The Chandler Corporation also places a special emphasis on supporting 
corporate governance and responsible investment as crucial elements of 
business sustainability and increasing stakeholder value. 
Further Information
A copy of the report prepared in connection with the matters disclosed herein 
in accordance with applicable Canadian securities laws will be available at
For more information, please visit:

SOURCE  Chandler Corporation 
For media enquiries please contact: 
Chandler Corporation Telephone: +65 6210 5555 
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CO: Chandler Corporation
ST: Quebec
-0- Oct/29/2013 13:53 GMT
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