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VANCOUVER, BC, June 28, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. (the Company or ReconAfrica ) (TSXV:RECO) (OTCQX:RECAF) (Frankfurt: 0XD) provides the real facts in response to falsehoods and distortions from a recent short seller s report.
Short Seller s False Claims about ReconAfrica
The short seller report published on June 24, 2021 which falsely claims that no petroleum exists in the Kavango Basin completely ignores prominent geoscientists with decades of international experience, who have all verified that ReconAfrica s data clearly confirms a working petroleum system. The short seller has no geological expertise itself, has not seen any data whatsoever, and its financial bias is clear: it admits that it has shorted the stock of ReconAfrica.
ReconAfrica Responds to Short Seller s Biased and False Short Report newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.