Effective at the opening on Thursday, June 3, 2021, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a junior natural resource -- oil and gas -- company.
Corporate jurisdiction: British Columbia
Capitalization: 2,179,020 warrants, authorized by a warrant indenture dated May 27, 2021
Transfer agent: Computershare Trust Company of Canada
Trading symbol: RECO.WT.A
Cusip No.: 75624R 12 4
These warrants were issued under a warrant indenture dated May 27, 2021, pursuant to the company's short form prospectus dated May 19, 2021. Each whole warrant entitles the holder to acquire one common share in the capital of the company at a price of $14 until May 27, 2024. The warrants are subject to an accelerated expiry provision. In the event that the moving volume-weighted average trading price of the common shares on the exchange over any period of 20 consecutive trading days equals or exceeds $20, the company may, upon written notice to the holders of the warrants, accelerate the expiry date of the warrants to the date that is 30 calendar days following the date of such notice.
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