Zenith Energy Ltd Zenith Announces Settlement of Debt for Shares (1426Y)
01 3월 2017 - 4:01PM
UK Regulatory
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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March 01, 2017 02:01 ET (07:01 GMT)
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