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RECONAFRICA ENGAGES FTB CAPITAL INC. TO ENHANCE INVESTOR AWARENESS
RECONAFRICA ENGAGES FTB CAPITAL INC. TO ENHANCE INVESTOR AWARENESS Canada NewsWire ...
About this update from Reconnaissance Energy Africa Ltd.
[{"type":"text","content":"\n \n \n \n RECONAFRICA ENGAGES FTB CAPITAL INC. TO ENHANCE INVESTOR AWARENESS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 18, 2024\n \n /CNW/ - Reconnaissance Energy Africa Ltd. (the \"Company\" or \"ReconAfrica\") (TSXV: RECO) (OTCQX: RECAF) (\n \n Frankfurt\n \n : 0XD) announces that it has engaged the services of FTB Capital Inc. (\"FTB\") to conduct investor awareness, advertising and marketing activities by distributing public information provided by the Company regarding the Company's business to various media outlets (the \"Publishing Agreement\"). The Publishing Agreement is valid until\n \n December 31, 2024\n \n , commencing\n \n March 18, 2024\n \n . FTB will be paid a fee of\n \n US$995,000\n \n for its services. In addition, FTB will be granted two million options in the Company at a price of\n \n $1.10\n \n . The options will vest 25% every three months and expire two years from the date of issue, in accordance with the policies of the TSX Venture Exchange. The Publishing Agreement may be terminated by either party at any time, without notice. There are no performance factors contained in the Publishing Agreement. FTB is not affiliated with the Company and, other than the options described above, does not have any direct or indirect interest in the Company nor any intention of acquiring shares of the Company.\n \n \n \n \n \n \n \n \n \n \n About FTB Capital Inc.\n \n \n \n FTB Capital Inc. and its affiliates employ and/or contract professional copywriters, media buyers and distributors who write and distribute articles and banner ads to bring awareness to specific sectors and/or businesses. FTB Capital Inc. is located at 1854 Leamington Lane,\n \n Naples, Florida\n \n 34119.\n \n \n About ReconAfrica\n \n \n 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\n \n Namibia\n \n and northwestern\n \n Botswana\n \n , where the Company holds petroleum...