Bullboard - Stock Discussion Forum 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... see more

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TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Interim financials overdue

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Post by Oregonduck on Mar 01, 2023 1:08pm

Interim financials overdue

The Co has changed its year-end from Dec 31 to March 31.
The Dec 31, 2022 became the interim statements that must be filed within 60 days, or by Feb 28, 2023. So far, no new auditors engaged.

Interesting to see how much the Mexican royalties have overwhelmed the Co. Still expect the Co will have to voluntarily file for bankruptcy protection under CCAA or be petitioned into bankruptcy under BIA by creditors.

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