Unit Program Update: THREE Days Remaining
🇮🇱 Three Days Remaining
For those who have yet to do so, you have three days remaining to learn about Zion’s $250 Unit Program and participate!
(For those who have participated already, you may participate again.)
We’ve explained how we plan to move forward here, and now you may learn more about how to join us in our vision for Israel’s energy independence.
What is the Unit Program?
Each $250 Unit provides the investor with the purchase of stock for that day’s high-low average and fifty (50) $2.00 two-year Warrants.
May I get additional Warrants?
Yes. If you sign up for a monthly ACH option, you will get fifty (50) additional $2 two-year Warrants.
(If you are already signed up for ACH, and you purchase one or more Units, then you will receive the additional 50 Warrants. Note: each investor will receive the additional 50 warrants only once during this Unit Program.)
Through Wednesday, June 26, 2019.
When can I exercise these Warrants?
Beginning August 26, 2019, and for two years afterward to August 26, 2021.
How may I purchase Units?
(Or purchase more Units?)
Please feel free to contact Zion’s Investor Relations team at any time for further questions.
Call: 1-888-891-ZION (9466)
ONGOING QUESTIONS AND ANSWERS:
Why are we shooting 3D Seismic?
As we reported in November, we found indicators of an active petroleum system and believe it is prudent and consistent with good industry practice to do a targeted 3D seismic shoot to answer important questions as outlined in our November 2018 update.
Who is the new Chief Operating Officer that will oversee this work?
Robert Dunn has been employed as Zion’s Chief Operating Officer and Senior VP to oversee the planned acquisition and processing of that data, in addition to other operational matters as they arise.
Mr. Dunn’s impressive resume includes over 27 years of senior management and field operations focusing on technologically driven seismic acquisition across the globe.
How are we funding operations?
Since 2013, we have had an ongoing Direct Stock Purchase Program (DSPP) that has funded all Zion operations including our previous drilling on the Megiddo-Jezreel license.
We have launched another Unit Program within our DSPP to provide a new opportunity for participants to purchase stock and obtain for a limited-time, $2 two-year warrants.
Zion Oil & Gas, Inc. has filed a registration statement (including a prospectus) with the SEC for the unit program under the DSPP to which this communication relates. The prospectus in that registration statement and other documents the issuer has filed with the SEC may be obtained for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company will arrange to send any inquirer the prospectus, if requested by calling toll free 888-891-9466. Direct links to the SEC location, or to the documents in PDF, may be found at www.zionoil.com.