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Potential Unreported Material Changes and/or Misrepresentations made by Reconnaissance Energy Africa Ltd.
A report by the Center for International Environmental Law, Above Ground, and the Global Law Alliance for Animals and the Environment requesting that the TSX Venture Exchange investigate Reconnaissance Energy Africa Ltd. (ReconAfrica) for potential unreported material changes or misrepresentations. The authors allege that ReconAfrica shifted its public narrative from targeting unconventional shale resources to conventional oil and gas after the Namibian government clarified that the company lacked a license for unconventional resource development, while continuing to rely on unconventional resource estimates and expertise.
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Document type: Report