VANCOUVER, BC, March 6, 2024 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces that it has granted incentive stock options (the "Options") to certain directors and officers of the Company to acquire an aggregate of 2,800,000 common shares in the capital of the Company in accordance with the Company's ten per cent rolling incentive stock option plan. The Options were granted at an exercise price of $1.40 per share for a five (5) year term expiring March 6, 2029. The Options are subject to certain vesting provisions as determined by the board of directors of the Company and in accordance with the policies of the TSX Venture Exchange (the "Exchange"). The Options are subject to restrictions on resale until July 7, 2024, in accordance with the Exchange policies.
Read more at newswire.caRECONAFRICA ANNOUNCES STOCK OPTION GRANT AND CANCELLATION
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