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ReconAfrica Grants Stock Options to Leadership
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ReconAfrica Grants Stock Options to Leadership

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Reconnaissance Energy Africa (TSE:RECO) has released an update.

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Reconnaissance Energy Africa Ltd. has granted incentive stock options to key directors and officers to purchase over 3.8 million shares at $1.40 each, with a five-year term. These options are part of the company’s Stock Option Plan and come with vesting conditions and resale restrictions as per TSX Venture Exchange policies.

For further insights into TSE:RECO stock, check out TipRanks’ Stock Analysis page.

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