Brief: Reconafrica Announces Upsize To Previously Announced Bought Deal Financing To C$36 Million

Reconnaissance Energy (Africa)

06/05/2021 16:21

May 6 (Reuters) - Reconnaissance Energy (Africa) Ltd  RECO.V :
    * RECONAFRICA ANNOUNCES UPSIZE TO PREVIOUSLY ANNOUNCED BOUGHT DEAL FINANCING TO C$36 MILLION
    * RECONNAISSANCE ENERGY - UNDERWRITER HAS AGREED TO PURCHASE ON BOUGHT DEAL BASIS 3.8
MILLION
UNITS AT C$9.50 PER UNIT
    * RECONNAISSANCE ENERGY - NET PROCEEDS FROM OFFERING WILL BE USED FOR SEISMIC AND DRILLING
OPERATIONS

Source text for Eikon:  ID:nGNX5tcntP 
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