Zenith Energy Share Discussion Threads

[gregpeck7] 04/12/2017 11:41

It's the constant drip drip dilution. It's taking its toll. Sp will just keep dropping.

[davidspringbank] 04/12/2017 11:13

Lucky Mouse, good to see you on here.

More buying than selling at the mo. I've had a lot myself.

[ravin146] 04/12/2017 09:29

Here we go...can't see any volume and this is a falling knife now...Placing or bad news?Imo

[ravin146] 04/12/2017 08:37

No news again, and price forced lower,Has news leaked?Or are we midst a placing news?

[grannyboy] 04/12/2017 07:41

Lack of positive updates will allow these to fall!!

[gregpeck7] 01/12/2017 19:27

Warrants dilution will push this to 6p.

[raskel2] 01/12/2017 16:51

OK thanks.

[ravin146] 01/12/2017 16:03

this is all we know...go to their website raskel:

Exercise of Warrants and Appointment of Joint Corporate Broker

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that an investor in the Company has exercised warrants to acquire 1,257,875 new common shares of no par value (the "Warrant Shares") in the capital of the Company. The exercise price of the warrants was CAD$0.15 per share, and the total consideration received CAD$188,681 (approximately £113,900).

The Warrant Shares were issued on October 18, 2017 by the registrars in Canada.

An application will be made for the Warrant Shares to be admitted to trading on the Main Market of the London Stock Exchange, and for them to be listed on the Standard Segment of the UK Official List, both with effect from October 25, 2017 ("Admission").

Total Voting Rights

Following Admission of the Warrant Shares, the Company will have 132,481,927 common shares in issue and admitted to trading on the Main Market of the London Stock Exchange and the Toronto Stock Exchange Venture Exchange. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.


Appointment of Joint Corporate Broker

The Company is pleased to announce the appointment of Beaufort Securities Limited (Beaufort Securities) as joint corporate broker to the Company on the London Stock Exchange with immediate effect.


London Shareholder Meeting

The Company will hold a shareholder meeting, consisting of a presentation followed by a Q & A session, to update UK investors on Zenith's operational progress and development strategy on December 4, 2017 in London. Chief Executive Officer, Andrea Cattaneo, will deliver the presentation.

To confirm participation and receive event details please contact [e-mail].

No new material information will be released during the meeting.



Chief Executive Officer, Andrea Cattaneo, commented:

"Beaufort has a strong understanding of the transformational potential of our assets in Azerbaijan, having produced an excellent research report earlier in the year. I am sure that this appointment will be of great assistance in supporting Zenith's exciting journey ahead."

[raskel2] 01/12/2017 15:02

What time is the meeting, thanks

[ravin146] 01/12/2017 14:52

The Company will hold a shareholder meeting, consisting of a presentation followed by a Q & A session, to update UK investors on Zenith's operational progress and development strategy on December 4, 2017 in London. Chief Executive Officer, Andrea Cattaneo, ....


could well be judgement day...either falls below 7p or above 12p imo

[ravin146] 01/12/2017 13:06

In the meantime UOG is offsetting the zen drop.

[cashandcard] 01/12/2017 12:34

Agree folks, very disappointing the fall over the last 3-4 weeks.

Zardab news is much needed.


Cash

[ravin146] 01/12/2017 12:25

And it continue wtf is going on...could we be seeing a placing? New broker and all that?

[grannyboy] 30/11/2017 19:31

You are not wrong there..all these delays and extensions will cost money, and everything will get pushed back due to the delays.

[ravin146] 30/11/2017 16:47

They will need funding for the projects next year...The warrant exercises...how do we know what the budget is? Last quarter results showed hiked costs...the recent workovers are time consuming, difficult and costly imo.To date, we still have no idea from CEO if this is still low budget...last quarter result begged to differ

[grannyboy] 30/11/2017 16:37

Duplicate post..

[grannyboy] 30/11/2017 16:35

Don't think they will need fundraise at the no, they been having warrants exercised bringing in money..

[ravin146] 30/11/2017 16:31

This is in freefall now...volume still is not high...a seller waiting? Funding required?Imo

[grannyboy] 30/11/2017 15:23

At least the share price is consistent!!it falls most days..

[grannyboy] 30/11/2017 14:44

Has we know with these, the timeframes are set in jelly!?

[ravin146] 30/11/2017 12:17

So... "It is anticipated that the ESP upgrade programme will continue until the end of November 2017 and the Company will provide a final update once the upgrade programme is completed."So we are due a RNS within days of the 13 ESP installions and perforation programme.Gla

[timw3] 30/11/2017 08:09

o/t NUOG got to be todays bagger. look at the market cap and todays update. 100m barrells. £8m cap and £3m in cash ".PRESSURE recovery is STRONG"

100m barrels