07:14:16 EST Mon 06 Dec 2021
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Reconnaissance Energy Africa Ltd
Symbol RECO
Shares Issued 130,917,056
Close 2021-03-10 C$ 3.00
Recent Sedar Documents

Reconnaissance accelerated warrants to expire March 18

2021-03-11 00:21 ET - News Release

Mr. Scot Evans reports


Reconnaissance Energy Africa Ltd. has issued a reminder that the outstanding common share purchase warrants, issued on Aug. 20, 2020, will expire on March 18, 2021, as announced on Feb. 10, 2021.

Any warrants that have not been exercised by 1:30 p.m. Vancouver time on March 18, 2021, will automatically be cancelled.

The warrants, which are publicly listed on the TSX Venture Exchange under the symbol RECO.WT, will be delisted before the market opens on March 19, 2021.

Holders of warrants who wish to exercise their warrants should review the exercise requirements contained in the acceleration notice that was delivered to registered holders of warrants, the warrant indenture between Computershare Trust Company of Canada and the company dated Aug. 20, 2020, and, if applicable, the certificate evidencing their warrants, and contact their legal and investment advisers before submitting the exercise form and any other applicable documentation to the warrant agent. For more information, please see the company's news release dated Feb. 10, 2021.

Reconnaissance is a junior, Canadian, oil and gas company engaged in the opening of the newly discovered deep Kavango sedimentary basin, in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where the company holds petroleum licences comprising approximately 8.5 million contiguous acres. In all aspects of its operations, Reconnaissance is committed to minimal disturbances in line with international best standards, and will implement environmental and social best practices in all of its project areas.

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