ReconAfrica launches C$10M equity offering backed by BW Energy, insiders

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  Posted by Two Blokes Jun 4 - Filed in Stock - 7 views
  
  Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) revealed plans to raise C$10 million through an overnight marketed public offering of units to fund drilling of its high-potential Kavango West 1X exploration well in Namibia. "We are excited to spud one of the company's largest and most attractive prospects, Kavango West 1X,” said Brian Reinsborough, President and CEO of ReconAfrica.