VANCOUVER, BC, July 12, 2021 /CNW/ - Renaissance Oil Corp.
("Renaissance") (TSXV: ROE) (OTCQB: RNSFF) announces that,
in connection with the proposed acquisition of all of the
outstanding securities of Renaissance by Reconnaissance Energy
Africa Ltd. (the "Transaction") and as a result of the short
postponement of meeting announced on July 7,
2021, the deadline to deliver a filed Response to Petition
with a copy of any evidence has been extended to July 13, 2021 at 4:00
p.m. (Vancouver Time) and the hearing of the application for
a final order in respect of the Transaction has been rescheduled to
July 15, 2021, or as soon thereafter
as the application can be heard.
Additional information concerning the Transaction can be found
in Renaissance's information circular dated May 27, 2021 (the "Circular"), which
should be read in conjunction with Renaissance's supplement to the
Circular dated June 25, 2021 (the
"Supplement"). Copies of the Circular and the Supplement are
available on Renaissance's website at www.renaissanceoil.com and
under Renaissance's profile on SEDAR at www.sedar.com.
Renaissance holds an option to acquire a 50% working
interest, in all rights from surface to basement, in a large
Petroleum Licence, comprising 2.2 million acres in the Kavango
sedimentary basin, in Botswana,
Africa. The licence operator is
ReconAfrica. Renaissance is an onshore operator in Mexico with 100% working interest in
approximately 1200 boe/day.
Neither the TSXV nor its regulation services provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this news
release.
Cautionary Note Regarding Forward-Looking
Statements: Certain statements contained in this
press release constitute forward-looking information under
applicable Canadian, United States
and other applicable securities laws, rules and regulations,
including, without limitation, statements with respect to the
deadline to deliver a filed Response to Petition and the date of
the hearing of the application for a final order in respect of the
Transaction. These statements relate to future events or future
performance. The use of any of the words "could", "intend",
"expect", "believe", "will", "projected", "estimated" and similar
expressions and statements relating to matters that are not
historical facts are intended to identify forward looking
information and are based on Renaissance's current belief or
assumptions as to the outcome and timing of such future events.
There can be no assurance that such statements will prove to be
accurate, as Renaissance's actual results and future events could
differ materially from those anticipated in these forward-looking
statements. Factors that could cause actual results and
future events to differ materially from those anticipated in these
forward-looking statements are set forth in the "Risk Factors"
section in the Circular and in the "Risk Management and Rick
Factors" section in Renaissance's management's discussion and
analysis for the year ended December 31,
2020. Various assumptions or factors are typically applied
in drawing conclusions or making the forecasts or projections set
out in forward-looking information. Those assumptions and factors
are based on information currently available to Renaissance. The
forward-looking information contained in this news release is made
as of the date hereof and Renaissance undertakes no obligation to
update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, except as
required by applicable securities laws. Because of the risks,
uncertainties and assumptions contained herein, investors should
not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
SOURCE Renaissance Oil Corp.
