Zenith Energy Ltd Director Exercises Stock Options (5197X)
22 2월 2017 - 4:01PM
UK Regulatory
TIDMZEN
RNS Number : 5197X
Zenith Energy Ltd
22 February 2017
DIRECTOR EXERCISES STOCK OPTIONS
Calgary, Alberta, February 22, 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 Mr. Luigi Regis Milano, a Director of the Company,
has today exercised options to purchase 1,000,000 common shares
("Common Shares") in the capital of the Company at a price of
CAD$0.10 per Common Share and a total cost of CAD$100,000 (the "New
Shares").
The Stock Options Plan has been approved by shareholders of the
Company at the AGM held on 20 January 2017.
Following the issue of the New Shares the Company will have
112,264,867 issued and outstanding Common Shares. An application
will be made to admit the New Shares to the Standard Segment of the
UK Listing Authority Official List and to trading on the Main
Market of the London Stock Exchange with effect from 2 March
2017.
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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