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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Zenith Energy Ltd. | LSE:ZEN | London | Ordinary Share | CA98936C8584 | COM SHS NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.05 | 2.78% | 1.85 | 1.80 | 1.90 | 1.85 | 1.80 | 1.80 | 0.00 | 12:48:06 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMZEN
RNS Number : 0956A
Zenith Energy Ltd
21 March 2017
ZENITH ENERGY LTD.
("Zenith" or the "Company")
FULL CONVERSION OF STERLING DENOMINATED GBP100,000 CONVERTIBLE LOAN NOTE
Calgary, Alberta, March 21, 2017, Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the dual listed international oil & gas production company, is pleased to announce that Gunsynd PLC ("Gunsynd") has elected to fully convert its GBPGBP100,000 principal amount unsecured convertible note (the "Convertible Note") into common shares of the Company ("Common Shares") at the conversion price of CAD$0.10, as outlined in the Company's prospectus published on January 5, 2017.
Upon conversion of the Convertible Note 1,637,100 Common Shares will be issued to Gunsynd. This fully extinguishes Zenith's GBP convertible debt.
Following the issuance of the 1,637,100 Common Shares, the Company will have 113,407,230 issued and outstanding Common Shares.
For further information, please contact:
Zenith Energy Ltd.
José Ramón López-Portillo
Chairman of the Board
Andrea Cattaneo
CEO & President
E-mail: info@zenithenergy.ca Telephone: +1 (587) 315 9031 Telefax: +1 (403) 775 4474
Allenby Capital Limited - (Joint Broker)
Nick Harriss
Nick Athanas
Richard Short
Telephone: +44 (0) 203 328 5656
Optiva Securities - (Joint Broker)
Christian Dennis
Telephone: +44 (0) 203 137 1903
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUAUORBNAOUAR
(END) Dow Jones Newswires
March 21, 2017 09:30 ET (13:30 GMT)
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