Reconnaissance Energy Africa Ltd. (RECO.WT.B) Warrant
Each RECO.WT.B warrant gives the holder the right to buy 1 share of Reconnaissance Energy Africa Ltd. at C$0.72 per share, until September 29, 2027. The stock last closed at C$0.58, below the strike, so the warrant is out of the money. Reconnaissance Energy Africa Ltd. has a market value of about C$224.27M.
RECO vs strike, last 12 months
No share-price history for RECO yet.
Key terms
- Strike per share
- C$0.72
- Shares per warrant
- 1
- Cash to exercise one warrant
- C$0.7200
- Expiry
- 2027-09-29
- Redemption trigger
- none stated
- Cashless exercise
- —
- Acceleration clause
- none
- Break-even stock price
- C$0.90
From the issuer's filing.
Company and stock
- Company
- Reconnaissance Energy Africa Ltd.
- Underlying stock
- RECO
- Share price
- C$0.58
- Market cap
- C$224.27M
- Shares outstanding
- 386.67M
Market cap is the last share price times shares outstanding (as of 2026-10-03).
Model value vs price Pro
- Model value
- Last price
- C$0.1800
- Price / model
Get Pro to see whether RECO.WT.B is cheap or rich against our model.
Dilution
- Shares outstanding
- 386.67M
- Listed warrants
- being verified
- Dilution if all exercised
- —
Confirming the warrant count from the company's filings.
Filings and events
Questions about RECO.WT.B
When does the RECO.WT.B warrant expire?
RECO.WT.B expires on September 29, 2027.
What is the strike price of RECO.WT.B?
C$0.72 per share; each warrant converts into 1 share, so exercising one warrant costs C$0.7200.
Can Reconnaissance Energy Africa Ltd. redeem the RECO.WT.B warrants early?
The source filing we read lists no stock-price redemption trigger.