Recon Energy Update 2 (TSX-V: RECO & OTCQX: RECAF) – Company Drills and Donates Water Well to Local Community - Plan to Drill 3 Additional Community Water Wells Starting in Jan 2021
December 22, 2020
We wanted to pass on some more really great news about Recon Energy wherein they have drilled a water well and donated it to the local community for their use. Prior to this water well being completed women in the community had to walk upwards of 10 km each way to access water. This is a game changer for the community and they are truly ecstatic about this development as you can see from watching the two short video’s attached to this email. We also recently learned that Recon Africa plans to drill 3 additional community water wells for communities in the area starting in January 2021.
Recon shares are up 15% today presently trading at US$1.75. Based on yesterday’s drilling update which was very positive with the rig now on location and being set at the 6-2 pad, we expect 2021 to be extremely active for Recon Africa and their shareholders. To get a good sense of what we can expect to see over the next few months be sure to take a look at the updated Haywood Research report that was attached to yesterday’s Recon update as well as yesterday’s press release, link here:
reconafrica.com/wp-content/uploads/RecoA...date-Dec-21-2020.pdf
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