VANCOUVER, BC, Sept. 30, 2020 /CNW/ - Reconnaissance Energy
Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX:
RECAF) (Frankfurt: 0XD) is pleased
to announce it has qualified to trade on the OTCQX® Best Market.
Trading on the OTCQX is an upgrade from the Pink® market.
The Company's shares will begin trading today on the OTCQX under
the symbol "RECAF". United
States investors can find current financial disclosure and
Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
ReconAfrica CEO, Scot Evans,
comments "beginning to trade on the OTCQX is an important milestone
for ReconAfrica as we continue to build investor awareness in
the United States and
internationally. We believe this upgrade to the OTCQX-Best Market
is timely as it facilitates a broader base of investor
participation and liquidity, while the Company launches its initial
three well drilling program opening the deep Kavango Sedimentary
Basin."
ReconAfrica is a junior oil and gas company engaged
in the opening of the newly discovered deep Kavango Sedimentary
Basin, in northeastern Namibia and
northwestern Botswana where the
Company holds petroleum licenses comprising approximately 8.75
million contiguous acres.
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.