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Posted by
Two Blokes Jun 21 -
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Stock
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Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) CEO Brian Reinsborough talked with Proactive about the successful closing of a C$19 million offering, significantly upsized from the initial C$10 million target due to strong investor demand. Reinsborough emphasized that the raise reflects confidence in the company's renewed strategy and leadership, with support coming from long-time shareholders, management, directors, and institutional investors, including partner BW Energy.