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ZEN Zenith Energy Ltd.

1.85
0.05 (2.78%)
Last Updated: 12:48:06
Delayed by 15 minutes
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

Zenith Energy Ltd Zenith Announces Settlement of Debt for Shares (1426Y)

01/03/2017 7:01am

UK Regulatory


Zenith Energy (LSE:ZEN)
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TIDMZEN

RNS Number : 1426Y

Zenith Energy Ltd

01 March 2017

ZENITH ANNOUNCES SETTLEMENT OF DEBT FOR SHARES

Calgary, Alberta, March 1, 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 the Corporation has agreed to issue 675,000 common shares in the capital of the Corporation ("Common Shares") at a deemed price of $0.12 per Common Share, to settle certain debts owing by the Corporation (the "Share Settlement").

The Common Shares issued pursuant to the Share Settlement will be subject to a four-month hold period. The Share Settlement is subject to the final approval of the TSX Venture Exchange.

For further information, please contact:

   José Ramón López-Portillo                 Chairman 
   Andrea Cattaneo                                CEO & President 

Email: info@zenithenergy.ca

Telephone: +1 (587) 315-9031

   Telefax:      +1 (403) 775-4474 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 01, 2017 02:01 ET (07:01 GMT)

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