11:03 AM EST - Reconnaissance Energy Africa Ltd. : Announced that, due to higher than anticipated investor demand, it has agreed, subject to the approval of the TSX Venture Exchange, to increase the size of the second tranche of its previously announced non-brokered private placement financing. The Company now intends to issue up to 2,002,646 units of the Company at $0.34 per Unit raising gross proceeds of up to $680,899.64. Reconnaissance Energy Africa Ltd.
shares V.RECO are trading unchanged at $0.43.
