ReconAfrica Announces Upsize of Underwritten Offering to C$16.5 Million
The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+Calgary, Alberta--(Newsfile Corp. - June 5, 2025) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica") announces that, in connection with its previously announced overnight marketed public offering of units of the Company (the "Units"), it has increased the size of the offering due to strong investor demand and has entered into an...
2025-06-05 11:49 AM EDT
ReconAfrica Announces C$10 Million Overnight Marketed Offering, Led by over C$4 Million in Lead Orders, Including Strategic Investment from BW Energy, to Drill Prospect I in Namibia with Rig Mobilization in June 2025
Calgary, Alberta--(Newsfile Corp. - June 4, 2025) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica") announces that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including Canaccord Genuity Corp. and Haywood Securities Inc. (collectively, the "Underwriters"), for an overnight marketed public offering of units of the Company (the "Units") at a price of C$0.50 per Unit for...
2025-06-04 4:06 PM EDT