Reconnaissance Energy Africa Ltd.

About Reconnaissance Energy Africa Ltd.

ReconAfrica is a Canadian company focused on exploring oil and gas potential in northeast Namibia, northwest Botswana, and southeast Angola. The company collaborates with national and regional governments, Traditional Authorities, and local communities, emphasizing a strong environmental, social, and governance (ESG) approach to its operations.

Products & Services

Oil and Gas Exploration:ReconAfrica conducts exploratory activities for hydrocarbons, including drilling conventional exploration and appraisal wells, stratigraphic test wells, seismic programs, and eFTG programs to assess geological formations and potential commercial accumulations of oil and natural gas in licence areas spanning Namibia, Botswana, and Angola.

Specialties

Hydrocarbon Exploration Drilling Conventional Wells Seismic Programs Environmental, Social, and Governance (ESG) Practices

Funding History

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#	Type	Amount Fields	Date Fields	Investors
1	RT: Underwritten Offering T: - FT: Underwritten Offering	A: 36800098 MR: - FA: C$36,800,098 FAN: 36800098	D: 2026-01-19 FD: 2026-01-19	4 investors
2	RT: Underwritten Public Offering T: - FT: Underwritten Public Offering	A: 20373740 MR: - FA: C$20,373,740 FAN: 20373740	D: 2025-09-29 FD: 2025-09-29	3 investors
3	RT: Underwritten Public Offering T: - FT: Underwritten Public Offering	A: 13500000 MR: - FA: C$18 Million FAN: 13500000	D: 2025-09-22 FD: 2025-09-22	1 investors
4	RT: Underwritten public offering T: - FT: Underwritten public offering	A: 19000000 MR: - FA: C$19 million FAN: 19000000	D: 2025-06-17 FD: 2025-06-17	6 investors
5	RT: Underwritten Public Offering T: - FT: Underwritten Public Offering	A: 38800000 MR: - FA: C$38.8 million FAN: 38800000	D: 2024-07-31 FD: 2024-07-31	1 investors
6	RT: Underwritten Public Offering T: - FT: Underwritten Public Offering	A: 25454545 MR: - FA: C$35 million FAN: 25454545	D: 2024-07-17 FD: 2024-07-17	4 investors
7	RT: Bought Deal Public Offering T: - FT: Bought Deal Public Offering	A: 17250035 MR: - FA: C$17,250,035 FAN: 17250035	D: 2024-04-03 FD: 2024-04-03	3 investors
8	RT: Bought Deal Public Offering T: - FT: Bought Deal Public Offering	A: 15000030 MR: - FA: C$15,000,030 FAN: 15000030	D: 2024-03-22 FD: 2024-03-22	2 investors
9	RT: Bought Deal Public Offering T: - FT: Bought Deal Public Offering	A: 10000800 MR: - FA: C$10,000,800 FAN: 10000800	D: 2024-03-21 FD: 2024-03-21	2 investors
10	RT: Non-brokered Private Placement T: - FT: Non-brokered Private Placement	A: 1200000 MR: - FA: 1,200,000 FAN: 1200000	D: 2023-08-03 FD: 2023-08-03	2 investors
11	RT: Equity Offering T: - FT: Equity Offering	A: 7475000 MR: - FA: $7,475,000 FAN: 7475000	D: 2023-07-18 FD: 2023-07-18	2 investors
12	RT: Equity Offering T: - FT: Equity Offering	A: 5000000 MR: - FA: $5,000,000 FAN: 5000000	D: 2023-06-27 FD: 2023-06-27	2 investors
13	RT: Unit Offering T: - FT: Unit Offering	A: 6500000 MR: - FA: $6,500,000.10 FAN: 6500000	D: 2023-06-27 FD: 2023-06-27	2 investors
14	RT: Overnight Marketed Offering T: - FT: Overnight Marketed Offering	A: 5000000 MR: - FA: approximately $5 million FAN: 5000000	D: 2023-06-26 FD: 2023-06-26	2 investors

Underwritten Offering Latest

2026-01-19

$36.8M

4 investors (Pro only)

Underwritten Public Offering 2025-09-29

$20.4M

Underwritten Public Offering 2025-09-22

$13.5M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

H

Hon. Diana McQueen

CHAIR

W

W. Derek Aylesworth

DIRECTOR

D

Dr. Joseph R. Davis

DIRECTOR

D

D. Jeffrey Harder

Director

I

Iman Hill

Director

B

Brian Reinsborough

PRESIDENT AND CHIEF EXECUTIVE OFFICER

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