Tickers: PINX:CANIF, XTSX:ZEE
Tags: Oil & Gas
TheNewswire / February 22, 2018 - Zenith Energy Ltd., ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that Mr. Andrea Cattaneo, Chief Executive Officer and President of the Company, has purchased a total of 325,000 common shares of no par value in the capital of the Company ("Common Shares") at an average price of ?0.068 per Common Share. Mr. Cattaneo purchased a total of 225,000 Common Shares on February 20, 2018. Today, Mr. Cattaneo has purchased a total of 100,000 Common Shares.
Following the aforementioned purchases, Mr. Cattaneo is directly beneficially interested in a total of 4,395,116 Common Shares in the capital of the Company, representing 2.77 per cent of the total issued and outstanding common share capital of the Company. As announced on December 15, 2017, Mr. Cattaneo is indirectly interested in a total of 1,250,000 Common Shares, today representing 0.79 per cent of the Company's issued share capital.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Zenith Energy Ltd.
Andrea Cattaneo
Chief Executive Officer
Tel: +1 (587) 315 9031
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Kate Rogucheva Tel: +44 (0) 20 7830 9700 |
Beaufort Securities Limited - (Joint Broker)
Jon Belliss
Telephone: +44 (0) 207 382 8300
Daniel Stewart & Company Plc - (Joint Broker)
Robert Emmet- Corporate Broking
Nikhil Varghese- Corporate Finance
Telephone: + 44 (0) 207 776 6550
Optiva Securities - (Joint Broker)
Christian Dennis
Telephone: + 44 (0) 203 137 1903
Allenby Capital Limited - (Financial Adviser)
Nick Harriss
Nick Athanas
Telephone: + 44 (0) 203 328 5656
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