/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE,
PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY,
IN WHOLE OR IN PART, IN OR INTO THE
UNITED STATES./
VANCOUVER, BC, March 11, 2021 /CNW/ - Reconnaissance Energy
Africa Ltd. (the "Company" or "ReconAfrica") (TSX-V: RECO)
(OTCQX: RECAF) (Frankfurt: 0XD)
issues a reminder that the outstanding common share purchase
warrants issued on August 20, 2020
(the "Warrants") will expire on March 18,
2021 as announced on February 10,
2021.
Any Warrants that have not been exercised by 1:30 p.m. (Vancouver time) on March 18, 2021 will automatically be
cancelled.
The Warrants, which are publicly listed on the TSX Venture
Exchange under the symbol "RECO.WT", will be delisted before the
market opens on March 19, 2021.
Holders of Warrants who wish to exercise their Warrants should
review the exercise requirements contained in the acceleration
notice that was delivered to registered holders of Warrants, the
warrant indenture between Computershare Trust Company of
Canada (the "Warrant Agent") and
the Company dated August 20, 2020
and, if applicable, the certificate evidencing their Warrants, and
contact their legal and investment advisors before submitting the
exercise form and any other applicable documentation to the Warrant
Agent. For more information, please see the Company's news release
dated February 10, 2021.
ReconAfrica is a junior, Canadian oil and gas
company engaged in the opening of the newly discovered deep Kavango
Sedimentary Basin, in the Kalahari Desert of northeastern
Namibia and northwestern
Botswana, where the Company holds
petroleum licenses comprising approximately 8.5 million contiguous
acres. In all aspects of its operations, ReconAfrica is committed
to minimal disturbances in line with international best
standards and will implement environmental and social best
practices in all of its project areas.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to, or for
the account or benefit of, U.S. Persons unless registered under the
U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Reconnaissance Energy Africa Ltd.