UNDERSTANDING ZION’S 2018 RIGHTS OFFERING
EXERCISE OF ONE RIGHT COSTS FIVE U.S. DOLLARS AND WILL GIVE YOU ONE SHARE OF COMMON STOCK AND ONE $3.00 WARRANT
FREQUENTLY ASKED QUESTIONS:
MAY I PURCHASE MORE?
Yes, you may purchase as many Rights as you want if not all shareholders buy their rights by the end of the offering. This is called “over-subscription.”
Note: You must include this purchase up front.
UNTIL WHEN?
The Rights Offering expires at 5:00pm Eastern Standard Time, on May 31, 2018. AST, the Subscription Agent, must receive your Rights Exercise Certificate before that date and time.
HOW MAY I PARTICIPATE?
For registered shareholders, participate by regular mail only via enclosed return envelope sent to American Stock Transfer & Trust Company, LLC. (AST Financial). If you are a beneficial shareholder (purchased through a broker), return by mail or electronically to your broker.
HOW DO I PAY?
Check or bank draft payable to “American Stock Transfer & Trust Company, LLC as Subscription Agent” OR via wire (see boxes on back of your Subscription Rights Certificate).
WHEN MAY I EXERCISE THE WARRANTS?
The WARRANTS will be exercisable from June 29, 2018 through June 30th, 2019 (one year) and expire July 1, 2019.
Registered Shareholders with Warrants held with AST Financial must later exercise WARRANTS through the Zion Oil & Gas website at www.zionoil.com/dspp/exercise-warrants
Beneficial shareholders (shares and warrants held by a brokerage) will also need to exercise Warrants through the Zion Oil & Gas Website or directly through the company by writing rightsoffering@zionoil.com or call 1-888-891-9466.
WHAT IS A WARRANT?
A WARRANT is a security interest that locks in a particular purchase price for our Common Stock, during a specific time period. In this Rights Offering, each WARRANT may be exercised later to buy one share of Common Stock for $3.00.
NEED ADDITIONAL HELP?
Call Zion Oil & Gas at (888) 891-9466 or email rightsoffering@zionoil.com.
Or, Contact D.F. King, Inc., the Information Agent, at (866) 796-1292 or email zion@dfking.com.
IMPORTANT FILES:
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