Recognition Energy Africa Ltd (TSXV: RECO, OTCQX): RECAF) increased its public offering to CA$18 million (13.2 million $) to finance operational activities in Gabon and continue drilling in Namibia, said the Canadian explorer in a statement on 19 September.

ReconAfrica has established itself as a key player in the evolving landscape of offshore oil exploration in Africa of the West. Its recent financing of 18 million Canadian dollars and its strategic advances in Gabon reflect a thoughtful approach to deployment of capital and regional potential. The company's activities in 2025 reflect a double priority: guaranteeing the liquidity necessary for operational expansion and exploiting under-explored assets to reduce the risks associated with its exploration portfolio.

In September 2025, ReconAfrica increased its public offering subscribed to 18 million Canadian dollars, selling 30,000,000 units to $0.60 CAD per unit, each unit including one common share and one bond subscription exercising at $0.72 CAD within 24 months.ReconAfrica announces a increasing its subscribed offer to 18 million Canadian dollars. That follows an offer of 19 million Canadian dollars in June 2025 at 0.50 CAD $ per unitReconAfrica announces a strategic entry into offshore Gabonese, testifying to the continued confidence of investors. The funds will be used for exploration activities, working capital and the progress of the Loba complex in Gabon, in particular in geological studies and to 3D seismic reprocessing. ReconAfrica Announces an increase in its subscribed offer to 18 million dollars Canadians.