Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd. is pleased to announce that it has closed a non-brokered private placement with Insiders of the Company of units of the Company at a price of $1.12 per Unit for gross proceeds of $1,200,080 , of which a total of $1,000,000 was subscribed for by the Company's new Chief Executive Officer, Brian Reinsborough. Each Unit consists of one common share in the capital of the Company and one common [...]

Reconnaissance Energy Africa Ltd. announces the appointment of Iman Hill as a new independent director to the Board of Directors, effective August 29, 2023. Ms. Hill joins the Board with over 25 years of senior oil & gas experience with extensive expertise in the technical and commercial aspects of the industry, as well Iman has a strong commitment to HSE, Sustainability and Energy Transition. Iman is a petroleum engineer [...]

/Not for dissemination, release or publication in or into the United States or for Distribution to U.S. Newswire Services/ Reconnaissance Energy Africa Ltd. is pleased to announce that it intends to complete a non-brokered private placement with officers and directors of the Company of units of the Company at a price of $1.12 per Unit for gross proceeds of $1,200,000 , of which approximately $1,000,000 is being subscribed [...]

Reconnaissance Energy Africa Ltd. announces that, effective August 1, 2023, Brian Reinsborough will be appointed President and Chief Executive Officer of the Company and effective August 7, 2023, Adam Rubin will be appointed General Counsel of the Company. Brian Reinsborough - President and Chief Executive Officer Brian is a visionary executive with an outstanding track record and brings 35 years of successful oil and gas [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has completed its previously announced overnight marketed offering of units of the Company for gross proceeds of $7,475,000, including the full exercise of the over-allotment option in the amount of $975,000. The Offering was completed by way of a short form prospectus filed in all of the provinces of Canada, except Québec, and the Units were sold outside of [...]

Reconnaissance Energy Africa Ltd. announces it has received its Environmental Clearance Certificate from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism, covering PEL 73 licence, which extends over an area of ~6.3 million acres , in northeastern Namibia. The ECC authorizes ReconAfrica to commence the drilling of an additional 12 exploration and appraisal wells, to unrestricted [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has agreed to increase the size of its previously announced overnight marketed offering co-led by Canaccord Genuity Corp. and Haywood Securities Inc. . The upsized offering will consist of 5,909,091 units of the Company at a price of $1.10 per Unit for aggregate gross proceeds of $6,500,000.10 . Each Unit will consist of one common share of the Company and [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that, in connection with its previously announced overnight marketed offering, it has entered into an underwriting agreement with Canaccord Genuity Corp. and Haywood Securities Inc. to sell 4,545,454 units of the Company at a price of $1.10 per Unit for aggregate gross proceeds of $5,000,000 . Each Unit will consist of one common share of the Company and one common [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has filed a preliminary short form prospectus in connection with an overnight marketed offering of units of the Company, at a price per Unit to be determined in the context of the market . The Offering is being conducted through a syndicate of underwriters comprised of Canaccord Genuity Corp. and Haywood Securities Inc. . Each Unit is expected to consist of [...]

Reconnaissance Energy Africa Ltd. announces an updated prospective resource estimate supported by a Prospective Resource Report focused solely on the new Damara Fold Belt gas play located within the Company's Petroleum Exploration Licence in the Kavango Basin, NE Namibia in which the Company holds a 90% working interest. ReconAfrica engaged Netherland, Sewell & Associates, Inc. , an independent qualified reserves [...]