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ReconAfrica to raise N$174m in bought-deal offering to fund drilling

Reconnaissance Energy Africa (ReconAfrica) plans to raise about N$174 million (C$15 million) through a bought-deal public offering to fund further exploration and production testing in its Namibia operations.

Windhoek ObserverBy Chamwe Kaira4 Sept 2026, 04:32 am
ReconAfrica to raise N$174m in bought-deal offering to fund drilling

Reconnaissance Energy Africa (ReconAfrica) plans to raise about N$174 million (C$15 million) through a bought-deal public offering to fund further exploration and production testing in its Namibia operations.

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Originally published by Windhoek Observer on 4 Sept 2026, 04:32 am. View original article
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