TIDMZEN

RNS Number : 9771T

Zenith Energy Ltd

27 July 2022

July 27, 2022

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Payment of multi-currency bond coupon

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven revenue generating production, exploration and development assets in Africa and Europe, is pleased to announce that it has today made coupon payments, in full and on time, in respect of the following multi-currency Euro Medium Term Notes the Company has listed on the Vienna MTF of the Vienna Stock Exchange:

   --       ZEEX 10.000 01/27/24 MTN XS2108546818 CHF 
   --       ZEEX 10.125 01/27/24 MTN XS2108546735 EUR 
   --       ZEEX 10.300 01/27/24 MTN XS2108546651 USD 
   --       ZEEX 10.375 01/27/24 MTN XS2108546578 GBP

Luca Benedetto, Chief Financial Officer, commented:

"Non-dilutive funding is an important area of focus for Zenith that we wish to develop further as we increase in size and the current oil, gas and electricity pricing climate attracts renewed investment in the energy industry.

"We are very pleased to have progressively become an established debt issuer, benefiting from two independent credit ratings and a now consistent record of financial compliance towards our fixed income investors."

- ENDS -

Further Information:

 
Zenith Energy Ltd 
                                         Tel: +1 (587) 315 9031 
 Andrea Cattaneo, Chief Executive        E: info@zenithenergy.ca 
 Officer 
BlytheRay - Financial PR/IR            Tel: +44 207 138 3204 
 Tim Blythe, Alice McLaren, Madeleine   E: zenith@blytheray.com 
 Gordon-Foxwell 
Alternative Resource Capital - 
 Broker                                  Tel: +44 (0) 207 186 9004 
                                         Tel: + 44 (0) 207 186 9005 
 Alex Wood 
 Keith Dowsing

Notes to Editors :

Zenith Energy Ltd. is a revenue generating, independent energy company with production, exploration and development assets in Tunisia, Italy and the Republic of the Congo, including electricity generation in Italy. The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).

Zenith's strategic focus is on pursuing transformational opportunities in Africa and Europe through the development of proven revenue generating oil, gas and electricity production assets, as well as low-risk exploration activities in assets with existing production.

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END

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(END) Dow Jones Newswires

July 27, 2022 11:41 ET (15:41 GMT)

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