Reconnaissance Energy Africa Ltd. raised C$10M in a bought-deal public offering led by Research Capital Corporation for exploration and development activities in the Kavango Sedimentary Basin.
Amount Raised
$10 Million
Round Type
Post-IPO Equity
Investors
Description
Reconnaissance Energy Africa Ltd. (ReconAfrica) announced a C$10-million bought-deal public offering led by Research Capital Corporation. The net proceeds from the offering will be used for exploration and development activities, working capital, and other general corporate purposes.
Quick answer
Reconnaissance Energy Africa raised $10 Million in a Post-IPO Equity round, dated March 26, 2024. Investors: Research Capital Corporation. Reconnaissance Energy Africa is based in Calgary, Alberta, Canada.
- How much did Reconnaissance Energy Africa raise?
- Reconnaissance Energy Africa raised $10 Million in a Post-IPO Equity round on March 26, 2024.
- Who invested in Reconnaissance Energy Africa?
- Research Capital Corporation is named as investors in this round.
- What does Reconnaissance Energy Africa do?
- ReconAfrica is a Canadian-based oil and gas company working collaboratively with national governments to explore oil and gas potential in Northeast Namibia and Northwest Botswana – the Kavango Sedimentary Basin.
- Where is Reconnaissance Energy Africa based and how big is it?
- Reconnaissance Energy Africa is based in Calgary, Alberta, Canada. Fundz records about 2 employees.
- Who are the decision-makers at Reconnaissance Energy Africa?
- Fundz holds 1 contact at Reconnaissance Energy Africa. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Oil And Gas around the same time
Companies in the same sectors as Reconnaissance Energy Africa that raised within 45 days of this round, from Fundz verified event records.
- Zanskar raised $30M (Funding Round) on May 7, 2024.
- White Rhino Energy raised $623K (Seed) on May 2, 2024.
- Schoonover Oil raised $343K (Seed) on May 1, 2024.
- Petro Fluid Dynamics raised $4.4M (Seed) on April 30, 2024.
- Rise Oil & Gas raised $125K (Seed) on April 25, 2024.
- On.Energy raised $25M on April 25, 2024.
Who to call at Reconnaissance Energy Africa, and when
A new round usually means Reconnaissance Energy Africa is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Reconnaissance Energy Africa raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Reconnaissance Energy Africa, from your own LinkedIn network
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Related People
Reconnaissance Energy Africa raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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