VANCOUVER, BC, Jan. 5, 2021 /CNW/ - Renaissance Oil Corp.
("Renaissance" or the "Company") (TSXV: ROE) (OTCQB: RNSFF)
announces an update with respect to its option for a 50% working
interest in a Petroleum Licence in the Kavango sedimentary basis,
Botswana, Africa (the "Licence"), as previously
announced (see news releases dated June
16, 2020 and September 16,
2020).
The holder of the Licence, Reconnaissance Energy Africa Ltd.
("ReconAfrica"), has announced that the Republic of Botswana has issued an updated Licence which
excludes the Tsodilo Hills, a UNESCO World Heritage Site, such that
the Licence area is now 8,990 km2 (2,221,000 acres) versus the
previous 9,921 km2 (2,450,000 acres). ReconAfrica has stated that
it never had plans for operations in the area of the Tsodilo Hills
as it follows strict environment, social and governance
protocols.
RENAISSANCE OIL CORP.
Per:
Craig Steinke
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE Renaissance Oil Corp.