06:11:28 EST Mon 06 Dec 2021
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Reconnaissance Energy Africa Ltd
Symbol RECO
Shares Issued 163,844,996
Close 2021-07-20 C$ 9.87
Recent Sedar Documents

Reconnaissance Energy warrants for debt

2021-07-20 19:39 ET - Miscellaneous

The TSX Venture Exchange has accepted for filing the company's proposal to issue 1.8 million common share purchase warrants to settle outstanding debt in connection with a settlement agreement between the company, Renaissance Oil Corp. and Eskandar Maleki.

Number of creditors:  one creditor

Warrants:  1.8 million share purchase warrants to purchase 1.8 million shares

Warrant exercise price:  $12 for a two-year period

The company shall issue a news release when the securities are issued and the debt extinguished.

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