BULLETIN V2024-1098
RECONNAISSANCE ENERGY AFRICA LTD. ("RECO")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: April 15, 2024
TSX Venture Tier 2 Company
The Company's Prospectus Supplement dated March 25, 2024, to the Short Form Base Shelf Prospectus dated February 29, 2024, was filed with and accepted by TSX Venture Exchange, and under Multilateral Instrument 11-102 Passport System in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador.
TSX Venture Exchange has been advised that closing occurred on April 3, 2024, for gross proceeds of $17,250,034.50.
Agents: Research Capital Corporation, Haywood Securities Inc., Canaccord Genuity Corp.
Offering: 19,166,705 units. Each unit consists of one share and one share purchase warrant.
Unit Price: $0.90 per unit
Warrant Exercise Price/Term: $1.15 per share for two years from closing.
Agents' Warrants: 1,263,878 non-transferable warrants exercisable to purchase one share at $0.90 per share for two years from closing.
Agent's Commission: $1,172,490.62 cash.
________________________________________
|
|
