Reconnaissance Energy Africa Ltd. raised C$10M in a bought-deal public offering led by Research Capital Corporation for exploration and development activities in the Kavango Sedimentary Basin.
Reconnaissance Energy Africa Ltd. raised C$10M in a bought-deal public offering led by Research Capital Corporation for exploration and development activities in the Kavango Sedimentary Basin.
03/26/24, 11:03 AM
Location
calgaryMoney raised
$10 million
Industry
oil and gas
Investors
Research Capital Corporation
Reconnaissance Energy Africa Ltd. (ReconAfrica) announced a C$10-million bought-deal public offering led by Research Capital Corporation. The net proceeds from the offering will be used for exploration and development activities, working capital, and other general corporate purposes.
Company Info
Location
1250, 635 - 8th ave. s.w.
calgary, alberta, canada
Additional Info
ReconAfrica is a Canadian-based oil and gas company working collaboratively with national governments to explore oil and gas potential in Northeast Namibia and Northwest Botswana – the Kavango Sedimentary Basin.