Mr. Scot Evans reports
RECONAFRICA ANNOUNCES GRANT OF STOCK OPTIONS AND RELEASES SECOND QUARTER 2020 RESULTS
Pursuant to Reconnaissance Energy Africa Ltd.'s stock option plan, Reconnaissance has granted to certain officers and consultants of the company options to purchase an aggregate of 3.75 million common shares of the company at a price of 70 cents and 200,000 options at a price of 76 cents per share for a period of up to five years.
The company's condensed consolidated interim financial statements and management's discussion and analysis for the three and six months ended June 30, 2020, are available on SEDAR and on Reconnaissance's website.
Reconnaissance is a junior oil and gas company engaged in the development of the newly discovered Kavango sedimentary basin, in northeast Namibia, where the company holds a 90-per-cent working interest in a petroleum licence, comprising approximately 6.3 million contiguous acres.
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