Zenith Energy Ltd Payment of Interest on 8% 2021 Corporate Notes (4437R)
30 June 2020 - 4:30PM
UK Regulatory
TIDMZEN
RNS Number : 4437R
Zenith Energy Ltd
30 June 2020
June 30, 2020
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Payment of Interest on 8% 2021 Corporate Notes
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE:
ZENA-ME), the listed international oil & gas production company
focused on pursuing African development opportunities, is pleased
to announce that it has fully paid the semi-annual interest in
relation to the following debt instrument " ZENITH ENERGY LTD 8%
NOTES - 2021" (the "Notes").
The Notes were issued in January 2019 and bear interest at a
rate of 8% per annum, payable semi-annually, and are listed on the
Vienna Stock Exchange ("Wiener Borse") as "ZENITH ENERGY LTD 8%
NOTES - 2021". The International Securities Identification Number
("ISIN") of the Notes is AT0000A23S79.
The most recent interest payment in relation to the Notes is the
third such payment, with previous interest payments having taken
place during the months of June 2019 and December 2019
respectively.
Andrea Cattaneo, Chief Executive Officer of Zenith,
commented:
"Zenith is establishing a positive track record of full
compliance with its obligations in respect of the Company's
financial instruments, notwithstanding the challenging market
conditions.
This is expected to enhance our credibility as a debt issuer and
progressively facilitate the attraction of more significant
interest from investors at a time when we are completing a number
of potentially transformational acquisitions in Africa."
Further Information:
Zenith Energy Ltd.
Andrea Cattaneo, Chief Executive Tel: +1 (587) 315 9031
Officer
-----------------------------
E-mail: info@zenithenergy.ca
-----------------------------
Notes to Editors :
Zenith Energy Ltd. is an international oil and gas production
company, listed on the London Stock Exchange (LSE:ZEN) and the
Merkur Market of the Oslo Stock Exchange (ZENA:ME).
Zenith's development strategy is to identify and rapidly seize
value-accretive hydrocarbon production opportunities in the onshore
oil & gas sector, specifically in Africa. The Company's board
of directors and senior management team have the experience and
technical expertise to develop the Company successfully.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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