ZEN zenith energy limited
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News: ZEN Zenith Energy Received Binding Commitments For A $25 Million Placement

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    03/05/19
    09:50
    Post #: 38389699

    May 3 (Reuters) - Zenith Energy Ltd (ZEN) :

    • ANNOUNCES IT HAS RECEIVED BINDING COMMITMENTS FOR A $25 MILLION PLACEMENT TO INSTITUTIONAL AND PROFESSIONAL INVESTORS
    • ALSO BE INVITING EXISTING SHAREHOLDERS TO PARTICIPATE IN A SHARE PURCHASE PLAN TO RAISE UP TO AN ADDITIONAL $5 MILLION
    • SPP AT PLACEMENT PRICE OF $0.58 PER SHARE

    Source text http//reut.rs/2IW2T3R

    (([email protected];))

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