Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).

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Reconnaissance Energy (Africa) Ltd > Mark Gerlitz BOUGHT 509,935 shares ($ 2 million)

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Comment by hipfneron Feb 21, 2021 7:37am

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Post# 32620820

RE:RE:RE:RE:Mark Gerlitz BOUGHT 509,935 shares ($ 2 million)

Gerlitz purchased his shares in advance of him becoming an insider. We don't know when, or at what price. That's private.

What we see on sedi.ca is that he is now an insider and therefore he had to disclose his holdings.

This is very bullish.

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