Reconnaissance Energy Africa Ltd. (TSE:RECO) has released an update.
Reconnaissance Energy Africa Ltd., an oil and gas company with operations in the Kavango Sedimentary Basin, has signed on FTB Capital Inc. to boost investor awareness through marketing initiatives. The agreement, effective from March 18, 2024, to December 31, 2024, involves a payment of US$995,000 to FTB, which will also receive two million company options. This move is part of ReconAfrica’s effort to broaden its investor reach and enhance its market presence.
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