Canada markets close in 45 minutes
  • S&P/TSX

    21,207.96
    +82.06 (+0.39%)
     
  • S&P 500

    4,670.00
    +75.38 (+1.64%)
     
  • DOW

    35,228.23
    +328.89 (+0.94%)
     
  • CAD/USD

    0.7839
    +0.0019 (+0.24%)
     
  • CRUDE OIL

    69.19
    +1.04 (+1.53%)
     
  • BTC-CAD

    73,957.94
    +3,703.16 (+5.27%)
     
  • CMC Crypto 200

    1,451.38
    +22.45 (+1.57%)
     
  • GOLD FUTURES

    1,786.10
    -2.00 (-0.11%)
     
  • RUSSELL 2000

    2,252.32
    +6.39 (+0.28%)
     
  • 10-Yr Bond

    1.5300
    +0.0480 (+3.24%)
     
  • NASDAQ

    15,824.78
    +333.12 (+2.15%)
     
  • VOLATILITY

    22.26
    -6.36 (-22.22%)
     
  • FTSE

    7,109.95
    +65.92 (+0.94%)
     
  • NIKKEI 225

    28,283.92
    -467.70 (-1.63%)
     
  • CAD/EUR

    0.6945
    +0.0040 (+0.58%)
     

ReconAfrica Responds to Class Action Complaint

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

VANCOUVER, BC, Oct. 28, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) reports that on October 25, 2021, Eric Muller, on his behalf and on behalf of all persons and entities (other than the defendants) who purchased or otherwise acquired shares of the Company between February 28, 2019 and September 7, 2021, filed a class action complaint against the Company and related persons (the "Defendants"), in the United States District Court, Eastern District of New York, alleging various violations of the Federal securities laws. The Company has not yet been served with the complaint.

. (CNW Group/Reconnaissance Energy Africa Ltd.)
. (CNW Group/Reconnaissance Energy Africa Ltd.)

ReconAfrica will undertake vigorous action to defend itself against any such claims.

About ReconAfrica

ReconAfrica is a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where the Company holds petroleum licenses comprising approximately 8.5 million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat, in line with best international standards and will implement environmental and social best practices in all of its project areas.

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.

Cision
Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/28/c4786.html

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting