Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Zion Oil & Gas, Inc.    ZN

News SummaryMost relevantAll newsSector news 

Zion Oil & Gas, Inc. : Zion Oil and Gas Launches Dividend Reinvestment and Direct Stock Purchase Plan

03/27/2013 | 05:39pm US/Eastern

Dallas, Texas and Caesarea, Israel - March 27, 2013 - Zion Oil & Gas, Inc. (NASDAQ GM: ZN) today announced the introduction of a Dividend Reinvestment and Common Stock Purchase Plan for existing shareholders and prospective investors. The Plan allows investors to purchase shares of Zion's common stock directly from the Company and reinvest cash dividends (when and if Zion pays dividends in the future), without the payment of fees and commissions typically charged by stockbrokers for small transactions.

Registered stockholders and other interested first-time investors can enroll in the Plan by simply completing and submitting an enrollment form. The minimum initial investment is $250 for new investors. Once enrolled in Plan, investors may make additional investments of $50 or more through automatic deductions from checking accounts or through optional cash investments. In addition, for a limited time period through August 30, 2013, investors can also purchase units of Zion's securities, with each unit comprised of one share of common stock and one warrant to purchase an additional share of Zion's common stock.

The Plan will be administered by Registrar and Transfer Company of Cranford, New Jersey (the "Plan Agent"), which also serves as the Company's stock transfer agent. Stockholders and other interested parties may obtain a copy of the Plan prospectus and an enrollment form by contacting the Plan Agent by telephoning 1-800-368-5948 or visiting the Plan Agent's website at www.rtco.com. You can also visit Zion's website for additional information about the Plan (www.zionoil.com.)

This announcement is neither an offer nor a solicitation of any offer. The securities are offered by prospectus only, and only within those states and other jurisdictions in which the securities may be sold, and this announcement is neither an offer to sell nor a solicitation of any offer to buy in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities of any such state or jurisdiction. The offering will be made by means of a prospectus supplement that was filed on March 27, 2013 pursuant to Zion's shelf registration statement (File No. 333-174266). Copies of the prospectus supplement are available for viewing on the website of the U.S.www.sec.gov
Zion Oil & Gas, a Delaware corporation, explores for oil and gas onshore in Israel. It currently holds three petroleum exploration licenses: the Joseph License (on approximately 83,272 acres) and the Asher-Menashe License (on approximately 78,824 acres), both between Netanya in the south and Haifa in the north, and the Jordan Valley License (on approximately 55,845 acres), just south of the Sea of Galilee. Zion's total license area amounts to approximately 218,000 acres.
Zion Oil & Gas, Inc.
6510 Abrams Rd., Suite 300
Dallas, TX 75231
Brittany Russell:
Telephone: 214-221-4610
Email: invest@zionoil.com


distributed by
React to this article
Latest news on ZION OIL & GAS, INC.
01/21 ZION OIL & GAS : Update - Bond Extension, on Daystar
01/15 ZION OIL & GAS : Extends Its Senior Convertible Bond Rights Offering
01/14 ZION OIL & GAS : Entry into a Material Definitive Agreement, Other Events, Finan..
01/14 Zion Oil & Gas Extends Its Senior Convertible Bond Rights Offering
2015 ZION OIL & GAS : 'Hafkada' Approved, Exploratory Drilling Request Approval Grant..
2015 ZION OIL & GAS : Extends the Stock Unit Option Program
2015 ZION OIL & GAS : is Granted Approval of Their Exploratory Drilling Request (Hafk..
2015 ZION OIL & GAS : ‘Hafkada’ Approved – Exploratory Drilling Req..
2015 Zion Oil & Gas is Granted Approval of Their Exploratory Drilling Request (&ld..
2015 ZION OIL & GAS : Other Events (form 8-K)
News chart
Full-screen chart