Zenith Energy Ltd Credit Rating Upgrade (8191M)
16 Enero 2023 - 3:15AM
UK Regulatory
TIDMZEN
RNS Number : 8191M
Zenith Energy Ltd
16 January 2023
January 16, 2023
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Credit Rating Upgrade
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 BCRA Credit Rating Agency AD ("BCRA") has upgraded the
Company's long-term issuer credit rating to 'B+ with Stable
Outlook'.
BCRA is an independent credit rating agency operating since
2003. The Financial Supervision Commission ("FSC") and European
Securities and Markets Authority ("ESMA") have fully registered
BCRA in accordance with Regulation (EC) No. 1060/2009 of the
European Parliament and of the Council on credit rating
agencies.
The BCRA report can be viewed here:
https://bcra.eu/files/rating_zenith_jan_2023_en.pdf
Andrea Cattaneo , Chief Executive of Zenith, commented:
"We are pleased to have had our issuer credit rating upgraded
following the Company's recent progress. It is the Board's
expectation, in view of Zenith's very significant revenue
generation potential during 2023, that the Company might achieve
additional upgrades, which will further facilitate our access to
non-dilutive fixed income debt securities to finance our
expansion."
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, Megan Ray, Matt Bowld E: zenith@blytheray.com
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 the Middle East, Africa, and Europe through the
development of proven revenue generating energy production assets,
as well as low-risk exploration activities in assets with existing
production.
For more information, please visit: www.zenithenergy.ca
Twitter: @zenithenergyltd
LinkedIn: https://bit.ly/3A5PRJb
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January 16, 2023 04:15 ET (09:15 GMT)
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