Zenith Energy Ltd.

Zenith Energy Ltd. is pleased to announce the upcoming issuance of the following unsecured, multi-currency Euro Medium Term Notes at par value: - EURO 1,000,000 bearing an interest of 10.125 per cent per year - GBP 1,000,000 bearing an interest of 10.50 per cent per year - USD 1,000,000 bearing an interest of 10.375 per cent per year - CHF 1,000,000 bearing an interest of 10.00 per cent per year The subscription period [...]

Zenith Energy Ltd. announces that its Chief Executive Officer & President, Mr. Andrea Cattaneo, has advised the Company of the following information: - On January 14, 2020, he purchased a total of 7,000,000 common shares of no par value in the capital of the Company at an average price of GBP0.02079. - On January 14, 2020, Mr. Cattaneo pledged a total of 6,666,667 Common Shares of no par value in the capital of the [...]

Zenith Energy Ltd. is pleased to announce that it has entered into a term sheet for a Put and Call Option Agreement with Anglo African Oil & Gas plc over the residual holding of 20 percent in Anglo African Oil & Gas Congo SAU that AAOG will retain following the signing of a conditional share purchase agreement for Zenith's acquisition of an 80 percent interest in AAOG Congo . As announced on December 27, 2019, the SPA is [...]

Zenith Energy Ltd. is pleased to note the passing of the resolution by the shareholders of Anglo African Oil & Gas plc to approve the sale of 80 percent in Anglo African Oil & Gas Congo SAU to Zenith at the general meeting held earlier today. As announced on January 6, 2020, Zenith will make available a loan to AAOG of GBP250,000 with effect from January 25, 2020. The Acquisition remains subject to certain regulatory [...]

Zenith Energy Ltd. is pleased to announce that it has engaged Mr. Bienvenu Briss Aleba as an advisor in view of its planned future activities in the Republic of the Congo. Mr. Aleba, a citizen of the Republic of the Congo, has worked at Congolaise de Raffinage , the refinery subsidiary of the national oil company of the Republic of the Congo, Societe Nationale des Petroles du Congo for the past nine years, where he [...]

Zenith Energy Ltd., , ; ; , the international oil & gas production company, is pleased to announce that it has reached an agreement to provide a secured loan facility to Anglo African Oil & Gas plc for a total amount of GBP250,000. The purpose of the Facility is to assist AAOG in addressing its immediate working capital requirements following the signing of a conditional share purchase agreement for Zenith's acquisition [...]

Zenith Energy Ltd., , ; ; , the international oil & gas production company, is pleased to update the market on its progress in preparing for operations in West Africa, following the decision of the board of Anglo African Oil & Gas plc to recommend to its shareholders the disposal of an interest of 80 per cent of its wholly owned subsidiary, Anglo African Oil & Gas Congo S.A.U. to Zenith under an SPA announced on December [...]

Zenith Energy Ltd. announces that its Chief Executive Officer & President, Mr. Andrea Cattaneo, has advised the Company that he purchased a total of 325,000 common shares of no par value in the capital of the Company at an average price of GBP 0.0184 per Common Share on the London Stock Exchange, on December 27, 2019. Following the aforementioned dealings, Mr. Cattaneo is directly beneficially interested in a total of [...]

Zenith Energy Ltd. is delighted to announce that it has signed a conditional share purchase agreement with AIM quoted Anglo African Oil & Gas plc for the acquisition of an 80 percent interest in AAOG's fully owned subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo S.A.U. The SPA is conditional, inter alia, on the passing of an ordinary resolution of shareholders in AAOG in a General Meeting approving [...]

Zenith Energy Ltd. notes the announcement from Anglo African Oil & Gas plc , and confirms that Zenith is in discussion with AAOG to purchase certain assets of AAOG, but that there can be no certainty that any transaction will be completed. Zenith will update the market accordingly if and when matters have progressed sufficiently. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility [...]