Zion Oil & Gas: Vote your shares by proxy, 9/8 extension by Nasdaq, and Zion podcast episode 3

Proxy Vote

All shareholders of Zion Oil & Gas who owned shares of stock on April 13, 2020, are able to vote their shares by proxy as soon as they receive their control number.

The proxy statement was filed on April 16, 2020. You may view it here.

REGISTERED SHAREHOLDERS

If you hold shares as a registered shareholder (with AST Financial), you will be receiving your proxy information with your control number in the mail in the coming weeks.

Once you have obtained your control number, we encourage you to vote your shares online here or by calling 1-800-PROXIES (1-800-776-9437) in the United States or 1-718-921-8500 from foreign countries.

BENEFICIAL SHAREHOLDERS

If you hold your shares with a broker (example: TD Ameritrade, RobinHood, ETrade, etc.), you will receive your voting instructions from them on their electronic platform and/or in the mail.

Once you obtain your control number from your broker, we encourage you to vote your shares online here.

Note: You may receive a call and/or further emails reminding you that you may vote your shares by proxy.

Nasdaq Extension

Zion Oil & Gas now has until September 8, 2020, to regain minimum bid price compliance to remain on the Nasdaq Capital Market. This was extended from the previous date of June 26, 2020.

Zion filed an 8-K with the SEC this morning, which can be found here.

Zion Oil Podcast – Episode 3

Andrew Summey (VP, Marketing & Investor Relations) and Cecelia Zimmermann (Marketing and IR Manager) discuss the following questions:

  • What is a proxy vote?
  • What’s the difference in investing in the DSPP or through a broker?
  • How can someone participate in the DSPP?
  • Who is AST Financial?
  • How often will registered shareholders get account updates from AST Financial?
  • AST Online Account issues? Who should you call?
  • How does a registered investor participating in the DSPP set up recurring investments?
FORWARD-LOOKING STATEMENTS: This update contains forward-looking statements. Statements in this communication that are not historical fact, including statements regarding Zion’s planned operations, anticipated attributes of geological strata that may be drilled or tested in the future, the effect, if any, on Zion’s operations of the dismissal of litigation reported hereunder; importing the rig it purchased into Israel in a timely manner and Zion’s ability to successfully raise the funds needed to undertake all of its planned exploration efforts; Zion’s ability to continue as a going concern; Zion’s ability to have its common stock continue to be listed on the Nasdaq Capital Market; the timing and completion of the processing, interpretation of the results and plans contingent thereon off the 3 D seismic survey, the timing of the importation onto the well site of the purchased drilling rig, approvals needed for the rig’s erection and startup, the effect, if any, of the coronavirus pandemic on the timing of the delivery and start-up of the well, and operational risks in ongoing exploration efforts, are forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties and other unpredictable factors, many of which are described in Item 1A in Zion’s annual report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may be described in Zion’s periodic reports filed with the SEC and are beyond Zion’s control. These risks could cause Zion’s actual performance to differ materially from the results predicted by these forward-looking statements. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.