Zenith Energy Celebrates Completion of Private Placement and Securing of Lucrative Convertible Loan.

Following a lucrative private placement in Norway, Zenith Energy Ltd. is sitting on a boosted pile of approximately US$1,200,000. Intriguingly, this accumulated wealth is a result of issuing 10,397,000 new common shares. Aspirationally, they will seek to have these recently minted shares listed on the Equity Shares category of the Official List, pinned to trading on the London Stock Exchange’s Main Market within a time frame of a year. The placement rang the cash register at a price of NOK 1.20 per new share, representing a nearly negligible 0.83% discount in respect of the closing price of the company’s equity securities on the Euronext Growth Oslo right at the beginning of this month.