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Zion Oil & Gas Extends Unit Program Option Period
Company Announcements

Zion Oil & Gas Extends Unit Program Option Period

Zion Oil & Gas (ZNOG) has released an update.

Zion Oil & Gas, Inc. filed Amendment No. 6 to the Prospectus Supplement with the SEC on January 29, 2024, in relation to its Dividend Reinvestment and Direct Stock Purchase Plan, extending the current Unit Option period of their Unit Program to February 29, 2024. This amendment amends previous documents and incorporates new terms for the purchase of Units comprising shares of Common Stock and warrants. Additionally, Plan participants enrolling in the Automatic Monthly Investments program are eligible for additional warrants, with all investments being processed in accordance with the established schedule. The Company also amended its Warrant Agent Agreement to reflect these changes.

For further insights into ZNOG stock, check out TipRanks’ Stock Analysis page.

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