OreStocks

Kolibri Global Energy Inc. press release

ReconAfrica Announces Grant of Stock Options and Releases Second Quarter 2020 Results

TSX - Toronto Stock Exchange · United States

Canada NewsWire

VANCOUVER, BC, Aug. 26, 2020

/NOT FOR DISSEMINATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICAOR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATES OF THE UNITED STATESOR THE DISTRICT OF COLUMBIA./

VANCOUVER, BC, Aug. 26, 2020/CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTC: LGDOF) (Frankfurt: 0XD) announces that, pursuant to the Company's stock option plan, it has granted to certain officers and consultants of the Company options to purchase an aggregate of 3,750,000 common shares of the Company at a price of C$0.70and 200,000 options at a price of C$0.76per share for a period of up to five years.

[](https://mma.prnewswire.com/media/1244531/Reconnaissance_Energy_Africa_LtdReconAfrica_Announces_Grant_of.html)

The Company's condensed consolidated interim financial statements and management discussion and analysis for the three and six months ended June 30, 2020are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.comand on ReconAfrica's website at www.reconafrica.com.

ReconAfricais a junior oil and gas company engaged in the development of the newly discovered Kavango Sedimentary Basin, in northeast Namibia, where the Company holds a 90% working interest in a petroleum license, comprising approximately 6.3 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.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/26/c1709.html

Scot Evans, CEO or Doug Allen, SVP, Investor Relations | Tel: 604-423-5384Copyright CNW Group 2020

Earlier from Kolibri Global Energy Inc.