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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Press+Releases/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <pubDate>Mon, 19 Jan 2026 14:20:00 -0500</pubDate>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Press+Releases/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <pubDate>Mon, 19 Jan 2026 14:20:00 -0500</pubDate>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Press+Releases/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <pubDate>Mon, 19 Jan 2026 14:20:00 -0500</pubDate>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Press+Releases/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Press+Releases/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Press+Releases/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
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   <title>ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery </title>
   <link>http://www.streetinsider.com/Globe+Newswire/ReconAfrica+Announces+Closing+of+C%2436.8+Million+Underwritten+Offering%2C+Funded+to+Advance+Multi-Zone+Production+Testing+at+Kavango+West+1X%2C+Accelerate+Follow-on+Appraisal+Drilling+on+Kavango+Discovery+/25862896.html</link>
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&lt;p align=&quot;center&quot;&gt;&lt;strong&gt;**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**&lt;/strong&gt;&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  19, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;ReconAfrica&lt;/strong&gt;” or “&lt;strong&gt;Recon&lt;/strong&gt;”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering (the “&lt;strong&gt;Offering&lt;/strong&gt;”) for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter</description>
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   <pubDate>Mon, 19 Jan 2026 14:20:00 -0500</pubDate>
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   <title>ReconAfrica Announces Adoption of Shareholder Rights Plan</title>
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&lt;p align=&quot;justify&quot;&gt;CALGARY, Alberta, Jan.  09, 2026  (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that the Board of Directors of the Company has adopted a Shareholder Rights Plan with Odyssey Trust Company as Rights Agent effective today.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Shareholder Rights Plan is consistent with modern rights plans adopted by other Canadian public companies and has not been adopted in response to any specific proposal or intention to acquire control of ReconAfrica. In the event of an unsolicited takeover bid in the future, the purpose of</description>
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   <pubDate>Fri, 09 Jan 2026 18:00:00 -0500</pubDate>
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