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 > StinkyFish working for a major or just a crooked broker

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Comment by veryfishyon Apr 20, 2021 1:41pm

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Post# 33030133

RE:RE:RE:StinkyFish working for a major or just a crooked broker

No. It was Mr Steinke who paid $100,000 or his wife did , personally via a private holding company, then laid that up to the ROE shareholders for $1.3 million - $100,000 in cash and 30 million share dilution to ROE shareholders, then layed that up via a merger / ROE sale to RECO for $18.6 million in new RECO shares, more dilution.

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