06:21:17 EST Mon 06 Dec 2021
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or Name

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Reconnaissance Energy Africa Ltd
Symbol RECO
Shares Issued 163,874,996
Close 2021-07-26 C$ 10.81
Recent Sedar Documents

ReconAfrica to close Renaissance Oil deal July 27

2021-07-26 12:26 ET - News Release

Also News Release (C-ROE) Renaissance Oil Corp

Mr. Scot Evans of Reconnaissance Energy Africa reports


Reconnaissance Energy Africa Ltd. (ReconAfrica) and Renaissance Oil Corp. have noted that completion of the acquisition by ReconAfrica of Renaissance Oil, previously announced on each of April 19, 2021, May 19, 2021, and July 15, 2021, is anticipated to occur on or about July 27, 2021.

ReconAfrica has received the acceptance of the TSX Venture Exchange to list the common shares of ReconAfrica to be issued to Renaissance Oil shareholders on the TSX-V. The common shares of Renaissance Oil are expected to be delisted from the TSX-V at the close of trading a couple of days following closing, and Renaissance Oil intends to submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations.

ReconAfrica is a 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 ReconAfrica holds petroleum licences comprising approximately 8.5 million contiguous acres. In all aspects of its operations, ReconAfrica 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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