Financials and Investment News in Namibia

ReconAfrica Announces Listing on the Namibian Stock Exchange
11/5/2024 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) announces the dual-listing on the Namibian Stock Exchange (“NSX”), the renewal of Petroleum Exploration Licence 001 (“PEL 001”) onsh...
Global Petroleum Announces Extension of CEO Loan Agreement
10/2/2024 - Global Petroleum Limited is pleased to announce that the Loan Agreement as announced on 16 July 2024 with CEO Omar Ahmad has been extended to 30 September 2025. There are no other changes to the loan ...
Tower Resources plc Announces Exercise of Warrants
10/1/2024 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa , announces the following exercise of Warrants.

On 30 September 2024, a broker to the Company, exercis...
Tower Resources Announces Interim Results to 30 June 2024
9/30/2024 - Tower Resources plc, the Africa -focused energy company, announces its Interim Results for the six months ended 30 June 2024.

Key Highlights including Post-Reporting Period Events
...
Africa Oil Announces Increase in Its Impact Oil & Gas Shareholding
8/19/2024 - Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to provide an update on the offer to minority shareholders in Impact Oil & Gas Limited (“Impact”) announced on March 18, 2024 ( “Offer”). <...
Pancontinental Energy Announces Management Q&A Session
8/5/2024 - Pancontinental Energy NL (“Pancontinental" or “Company”) is pleased to advise that it will host a Q&A session on Thursday 8th August 2024 at 10.00am (AWST), during which Chief Executive Officer Iain...
ReconAfrica Announces Closing of C$39 Million Underwritten Public Offering
7/31/2024 - Reconnaissance Energy Africa Ltd. is pleased to announce that it has completed its previously announced C$35 million underwritten public offering (the "Offering") of units of the Company (the "Units")...
ReconAfrica Announces C$35 Million Underwritten Offering
7/17/2024 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) announces that, in connection with its previously announced overnight marketed public offering (the “Offering”) of units of the Compa...
Global Petroleum Provides Company Update
7/16/2024 - Global Petroleum Limited is pleased to announce that, following entry into the First Renewal Period that it has increased the bank guarantee facility in accordance with the Petroleum Agreement for PEL...
ReconAfrica Announces Stock Option Grant
6/19/2024 -  Reconnaissance Energy Africa Ltd. provides disclosure of incentive stock option grants.

Stock Option Grants
The Company announces that it has granted incentive stock options (the "Opt...
ReconAfrica Engages FTB Capital Inc to Enhance Investor Awareness
3/18/2024 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) announces that it has engaged the services of FTB Capital Inc. (“FTB”) to conduct investor awareness, advertising and marketing ac...
Eco Atlantic Announces Investor Presentation via Investor Meet Company
3/11/2024 - Eco (Atlantic) Oil & Gas Ltd. ("Eco") the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa , Namibia , and Guyana , is pleased to announce that Gil Holzman , Co...
ReconAfrica Announces Clarification to Previously Issued Press Release
2/28/2024 - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") announces an update to a press release dated June 26, 2023. In that press release, the Company disclosed certain resource estimates b...
Namibia announced Best Foreign Exchange Bank
1/30/2024 - RMB Namibia has been announced as Best Foreign Exchange Bank in the country for the 24th annual Global Finance’s World's Best Foreign Exchange Banks as part of the Gordon Platt Foreign Exchange Awards...
Hyphen & DBSA Close €5M Funding Facility at COP28 Climate Conference
12/7/2023 - Hyphen Hydrogen Energy (Hyphen) and the Development Bank of Southern Africa (DBSA) announce the closing of a €5 million Project Preparation funding facility to progress the development of Hyphen’s lan...
Global Petroleum Provides Funding Update
11/30/2023 - Funding secured via an equity raise to meet obligations relating to the Walvis Basin License PEL94 in Namibia and for Working Capital purposes.

Global Petroleum Limited ("Global" or "t...
Tower Resources Announces Issue of Warrants to Directors
10/2/2023 - Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed oil and gas company with its focus on Africa, announces the following issue of warrants to Directors and a consultant to ...
ReconAfrica Announces Closing of Non Brokered Private Placement
9/5/2023 - Reconnaissance Energy Africa Ltd. is pleased to announce that it has closed a non-brokered private placement with Insiders of the Company of units (the “Units”) of the Company at a price of $1.12 p...
Results of Open Offer – US$ 95 Million Raised
4/28/2023 - Impact Oil & Gas Limited (“Impact” or the “Company“), a privately-owned, Africa-focused, exploration company, is pleased to announce that it has successfully raised US$95 million through an Open Offer...
Financing Namibia’s Energy & Power Projects at NIEC 2023
4/27/2023 - A finance-focused panel at the 2023 Namibia International Energy Conference explored new pathways to financing and developing capital-intensive African energy and infrastructure projects.

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