Zenith Energy (GB:ZEN) has released an update.
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Zenith Energy Ltd. has successfully concluded its bond exchange offers, evidencing strong investor confidence and compliance as a debt issuer. The company announces the cash payment schedule for the remaining 11.76% of note holders who did not participate in the exchanges, with a 20% payment to be made on September 25, 2024, and the balance plus accrued interest on October 25, 2024. CEO Andrea Cattaneo expresses satisfaction with this resolution and anticipates significant company progress following an upcoming ICC arbitration decision.
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