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Renaissance Oil Corp. RNSFF

Energy
Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Renaissance Oil Corp. > share structure
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Comment by investor55xon Sep 05, 2020 10:35am
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Post# 31515321

RE:RE:RE:RE:RE:share structure

RE:RE:RE:RE:RE:share structurehttps://money.tmx.com/en/quote/ROE/news/5443018167546651/Renaissance_Announces_Binding_Agreement_to_Acquire_Option_for_50_Interest_in_245_Million_Acres_in_Botswana_Participating_in_the_Opening_of_the_Kavango_Sedimentary_Basin


ROE corporate presentation

It's a binding agreement to acquire option for 50% interest in the Botswana-properties. NOT the Namibian properties, because 90% of the Namibian properties already belong to RECO and 10 % to the Namibian state oil company.

This makes perfect sense, because RECO's focus is on Kavango and ROE's focus is on Mexico. And that is absolutely good and useful the way it is.



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