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ReconAfrica Announces Filing of Prospectus Supplement for Upsized Underwritten Offering of C$18 Million
Globenewswireยท2025-09-23 19:30

Core Viewpoint - Reconnaissance Energy Africa Ltd. has announced an upsized overnight marketed underwritten public offering of units, filing a prospectus supplement on September 22, 2025, in connection with this offering [1]. Company Overview - ReconAfrica is a Canadian oil and gas company focused on exploring the Damara Fold Belt and Kavango Rift Basin in northeastern Namibia, southeastern Angola, and northwestern Botswana, holding petroleum licenses and access to approximately 13 million contiguous acres [3]. - The company also operates the Ngulu block in shallow waters offshore Gabon and is committed to minimal habitat disturbance and adherence to international environmental and social best practices [3]. Offering Details - The prospectus supplement is part of the company's final short form base shelf prospectus dated February 29, 2024, and is accessible through the securities commissions in Canada [1][2]. - Delivery of the prospectus will comply with the "access equals delivery" provisions of applicable securities legislation [2]. Contact Information - For further inquiries, the company provides contact details for its President and CEO, as well as the Managing Director of Investor Relations and Capital Markets [5].