Website for the ReconAfrica U.S. Securities Litigation

If you purchased or otherwise acquired publicly traded common stock of Reconnaissance Energy Africa Ltd. (“ReconAfrica”), or its predecessor Lund Enterprises Corp. (“Lund”), on the U.S. OTC market under the ticker symbols “RECAF,” “LGDOD,” “LGDOF,” "RECO," and/or "0XD" between February 28, 2019 and September 7, 2021, inclusive, you may be eligible to participate in a U.S. class action settlement.

Please read the U.S. Notice or review the Frequently Asked Questions page of this website for more information on your rights and options.

Note: This settlement website is specific to the U.S. Settlement that was reached regarding ReconAfrica U.S. stock that was purchased or acquired on the U.S. OTC market. If you purchased or acquired ReconAfrica securities on the TSXV or Frankfurt markets, you may only be compensated from the Canadian Settlement and are not eligible for compensation from this U.S. Settlement. For more information regarding the Canadian Settlement Fund, visit www.bergermontague.ca/cases/reconnaissance-energy-africa-ltd.

Your Legal Rights and Options in This Action

Submit a U.S. Claim Form by January 9, 2025	This is the only way to be eligible to receive a payment from the U.S. Settlement Fund. If you are a U.S. Settlement Class Member and you remain in the U.S. Settlement Class, you will be bound by the U.S. Settlement as approved by the U.S. Court and you will give up any Released U.S. Plaintiff’s Claims that you have against Defendants and the other Released Defendant Parties, so it is in your interest to submit a U.S. Claim Form.
Exclude Yourself from the U.S. Settlement Class by November 28, 2024	If you exclude yourself from the U.S. Settlement Class, you will not be eligible to receive any payment from the U.S. Settlement Fund. This is the only option that allows you ever to be part of any other lawsuit against any of the Defendants or the other Released Defendant Parties concerning the Released U.S. Plaintiff’s Claims.
Object to the U.S. Settlement by November 28, 2024	If you do not like the proposed U.S. Settlement, the proposed U.S. Plan of Allocation, or the request for attorneys’ fees and reimbursement of U.S. Litigation Expenses, you may write to the U.S. Court and explain why you do not like them. You cannot object to the U.S. Settlement, the U.S. Plan of Allocation or the fee and expense request unless you are a U.S. Settlement Class Member and do not exclude yourself from the U.S. Settlement Class.
Go to the U.S. Settlement Hearing on December 19, 2024	Filing a written objection and notice of intention to appear by November 28, 2024 allows you to speak in the U.S. Court, at the discretion of the U.S. Court, about the fairness of the proposed U.S. Settlement, the U.S. Plan of Allocation, and/or the request for attorneys’ fees and reimbursement of U.S. Litigation Expenses. If you submit a written objection, you may (but you do not have to) attend the hearing and, at the discretion of the U.S. Court, speak to the U.S. Court about your objection.
Do Nothing	If you are a member of the U.S. Settlement Class and you do not submit a valid U.S. Claim Form, you will not be eligible to receive any payment from the U.S. Settlement Fund. You will, however, remain a member of the U.S. Settlement Class, which means that you give up your right to sue about the claims that are resolved by the U.S. Settlement and you will be bound by any judgments or orders entered by the U.S. Court in the U.S. Action.