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Address: Berkeley Square House, Berkeley Square
London UK W1J6BD
Phone: 44 7748 354 555
Web Site: http://www.reconafrica.com

 
Warrant Symbol - RECO.WT
Number  Trading - 34,399,195
Expiration Date -  August 24, 2025
Cusip - 75624R 11 6
Exercise Price - $1.00

Warrants called to trade news





Reconnaissance prospectus offering, warrant listing

2020-08-20 14:38 MT - Prospectus Approved

Offering: 32,855,409 units (Each unit consists of one common share of the corporation and one common share purchase warrant of the corporation. Each warrant will entitle the holder to purchase one common share of the corporation at a price of $1 at any time prior to 4:30 p.m. Toronto time on the date that is five years after the closing of the offering.)

Unit price: 70 cents per unit

Warrant exercise price/term: $1 per share to 4:30 p.m. Toronto time on the date that is five years after the closing of the offering (If the daily volume weighted average trading price of the common shares of the company on the TSX Venture Exchange for any 20 consecutive days equals or exceeds $3, the company may, upon providing, within 10 days, written notice to the holders of the warrants, accelerate the expiry date of the warrants to the date that is 30 days following the date of such written notice.)

Effective at the opening on Aug. 24, 2020, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as an oil and gas company.

Capitalization: 34,399,195 warrants, authorized by a warrant indenture dated Aug. 20, 2020, of which 32,855,409 warrants are issued and outstanding

Trading symbol: RECO.WT
Cusip No.: 75624R 11 6

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