ZENITH 2024

JobPeterson
ZENA 11.01.2024 kl 11:14 167996

Dette er en fortsettelse av forrige chat-forum.
Barneskirenn
22.10.2024 kl 21:16 4147

Syntes innleggene dine er helt legitime. Basert på fakta av hva jeg kan se. Har vært med siden november/desember 2020.
Jotun71
23.10.2024 kl 18:43 4021

hei, hvordan søker man opp det jeg har skrevet her på forumet?
Blientotre
23.10.2024 kl 22:45 3937

Gå inn på profilen din, så kommer det oversikt over alle dine innlegg.
Sia
24.10.2024 kl 10:23 3846

futureistoday skrev 😂
Hei

Har du fått samlet en del aksjonærer?
futureistoday
24.10.2024 kl 15:43 3770

Hei, send meg en mld på messenger👍🏻
X-43 scramjet
25.10.2024 kl 04:56 3616

Desember verdt å ha et lodd utfall av rettssaken. Så kommer det en til våren 2025. Hvis Zena får erstatning kan alle Zena aksjonærer få noe tilbake etter flere år med tap. Kunne Zena klart 1 krone igjen? Blir en spennende desember
olje
25.10.2024 kl 08:33 3598

Den som kommer på tampen av dette året er vel den minste men når det sagt så er det sinsykt mye penger for lille Zenith. Det viktigeste nå er at de kommer greit ut med det første kravet, det vil skape enorme forventninger til at de vil lykkes med det som kommer neste år og i 2026. Jeg forventer en dobling av kursen til ca 0,40 øre på forventninger, og rett opp i ca 1 krone på positivt utfall ang erstatning. Alt dette før vi ringer Julen inn, altså innen to måneder. Så ligger det noe enda større som kommer til og løfte oss mye mer innen allerede første kvartal neste år. Uansett, dette er mine tanker, hvert sitt valg. Lykke til!
X-43 scramjet
25.10.2024 kl 10:53 3571

Juleloddet er sikret. Da venter jeg på julen og første utfall rettssaken i desember. Pen sum erstatning. Lykke til
Blientotre
25.10.2024 kl 13:10 3561

Det hadde vært fint om vi kunne etablert en stabil aksjekurs over 20øre nå som det begynner å nærme seg.
Billyjojimbob
25.10.2024 kl 13:16 3566

Vanskelig å legge føringer for kjøpere&selgere i aksjemarkedet.Satser på det kommer noe juicy news som lager sirkus om litt👍
X-43 scramjet
25.10.2024 kl 21:51 3420

Zena kan begynne å stige før rettssaken på forventninger at de har en god sak. Erstatningene på 6 milliarder totalt er fint tall det
JobPeterson
26.10.2024 kl 15:37 3255

Den beste tiden å kjøpe Zenith-aksjer vil være akkurat nå, fordi jeg forventer at aksjekursen vil dobles om mindre enn to måneder.
Jotun71
26.10.2024 kl 16:09 3236

tror jeg også. I mars 2024 hadde jeg et snitt på 87 øre, nå 70øre. 106øre på det meste. Litt av en historie det. :-). Fortsatt god helg
Blientotre
26.10.2024 kl 17:57 3216

Problemet er at vi nå har trodd i mange år nå.
Du ser jo aksjonærer ikke stoler på selskapet lengre - det kommer alltid et eller noe hinder er følelsen jeg personlig sitter med.

Selv har jeg økt på og har nå over 1,1millioner aksjer.
Jeg håper og tror at vi nå er ved et veiskille - men du ser tydelig at nye aksjonærer ikke gjør.
X-43 scramjet
27.10.2024 kl 12:03 3057

Heleid datterselskap av Zenit, Canadian North Africa Oil and Gas Limited

The originally claimed amount, US$85.8 million, has been increased to US$130 million following calculations performed by the Company’s advisers, specifically Chapman, regarding the quantifiable damages sustained by CNAOG.

A decision, resulting in a possible award favourable to CNAOG, is expected to be made during the first quarter of 2025.


1.3 milliarder erstatning våren 2025. Verdt å vente på etter første rettssaken i desember
TheLondonOiler
28.10.2024 kl 11:06 2778

I am in the same boat as you and have averaged down considerably to the point that if the stock increases by 100% I will be close to break even. I may add more this week if my finances allow me. It is very simple now that if the arbitration is won then most here will be in profit and very happy, if we lose the struggle to recover will be very real. I believe the upside is significantly in our favour and time will reveal all, and we do not have very long to wait.
Sia
28.10.2024 kl 13:05 2703



28.10.2024 13:00:54: Completion of Private Placement and Debt Settlement


October 28, 2024

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Completion of Private Placement and Debt Settlement

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN ; OSE: ZENA ; OTC PINK:
ZENAF), the listed international energy production and development company, is
pleased to announce that it has completed a private placement in Norway (the
"Placement") and a Debt Settlement (the "Debt Settlement").

The Placement has attracted the participation of existing investors, as well
three Directors, Mr. Andrea Cattaneo, Mr. Sergey Borowskiy and Mr. Luca
Benedetto, raising an aggregate total amount of approximately NOK 11,938,353
(equivalent to approx. £841,000 and US$1,092,000), resulting in the issuance of
a total of 62,833,440 new Common Shares ("New Common Shares").

Issue Price

The Placement was completed at price of NOK 0.19, representing a premium to the
closing price of the Company's equity securities admitted to trading on the
Euronext Growth Oslo on October 25, 2024.

Use of Proceeds

The proceeds of the Placement will be used to provide additional funding in
support of the Company's international arbitrations against the Republic of
Tunisia, as well as for general working capital purposes.
An application for the new Common Shares to be listed on the standard segment of
the FCA Official List and to be admitted for trading on the London Stock
Exchange Main Market for listed securities will be made within 12 months of the
issue of the new Common Shares.

Debt Settlement

The Company has issued 32,166,560 Common Shares ("Debt Settlement Shares") in
settlement of certain debts in lieu of cash payment for a total value of
6,111,646 NOK (equivalent to approx. £430,000 and US$559,000).

The Debt Settlement Shares will rank pari passu in all respects with the
existing common shares of the Company.
An application for the Debt Settlement Shares to be listed on the standard
segment of the FCA Official List and to be admitted for trading on the London
Stock Exchange Main Market for listed securities will be made within 12 months
of the issue of the Debt Settlement Shares.

Warrants

The Company has issued 95,000,000 share purchase warrants (the "Warrants")
exercisable at a price of NOK 0.29, applying a ratio of 1:1 in connection with
the Placement Shares and Debt Settlement Shares, with a fixed duration of two
years from the date of issuance.

Director Dealing/ PDMR Shareholding

Mr. Andrea Cattaneo, Chief Executive Officer & President of Zenith, has
participated in the Placement by subscribing for 18,119,411 New Common Shares of
no-par value in the capital of the Company.

Following the Placement, Mr. Cattaneo will be directly beneficially interested
in a total of 42,548,748 common shares in the capital of the Company,
representing 11.61% percent of the total issued and outstanding common share
capital of the Company admitted to trading on the Euronext Growth Oslo.

Mr. Luca Benedetto, Chief Financial Officer of Zenith, participated in the
Placement by subscribing for 7,361,011 New Common Shares of no-par value in the
capital of the Company.

Following the Placement, Mr. Benedetto will be directly beneficially interested
in a total of 11,055,706 common shares in the capital of the Company,
representing 3.02% percent of the total issued and outstanding common share
capital of the Company.

Mr. Sergey Borowskiy, Director of Zenith, also participated in the Placement by
subscribing for 2,831,158 New Common Shares of no-par value in the capital of
the Company.

Following the Placement, Mr. Borowskiy will be directly beneficially interested
in a total of 3,216,087 common shares in the capital of the Company,
representing 0.88% percent of the total issued and outstanding common share
capital of the Company.

Total Voting Rights

The Company wishes to announce, in accordance with the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules and section 3.10 of the
Euronext Growth Oslo Rule Book Part II, the following information resulting from
the issuance of the New Common Shares and the Debt Settlement Shares.

Class of share
Total number of shares
Number of voting rights per share
Total number of voting rights per class of share

Common Shares admitted to trading on the Main Market of the London Stock
Exchange on Admission. 232,860,686 1 232,860,686
Common Shares in issue and admitted to trading on the Euronext Growth Market of
the Oslo Børs, representing the newly enlarged outstanding share capital of the
Company following the Placement.
366,545,401 1 366,545,401



Andrea Cattaneo, Chief Executive Officer, commented:

"We are hopeful that there will be a potential favourable decision in the ICC 1
Arbitration expected to be published prior to the close of the year. Zenith has
taken every step to minimise expenditure and direct its financial resources and
management attention towards the international arbitration proceedings initiated
against the Republic of Tunisia.

The Board has every confidence in the merit of our legal position. The
participation in the Placement of three Directors, including myself, is evidence
of our unwavering belief in the material opportunity for Zenith and its
shareholders to be compensated for the very significant damages caused by the
Tunisian authorities."


Further Information:
Zenith Energy Ltd

Andrea Cattaneo, Chief Executive Officer
Tel: +1 (587) 315 1279
E: info@zenithenergy.ca


Notes to Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with
energy production, exploration and development assets in North Africa, the US
and Europe. The Company is listed on the London Stock Exchange Main Market (LSE:
ZEN), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and the Pink
Markets of the OTC (OTC PINK: ZENAF).

Zenith's strategic focus is on pursuing development opportunities through the
development of proven revenue generating energy production assets, as well as
low-risk exploration activities in assets with existing production.

For more information, please visit: www.zenithenergy.ca

Twitter: @zenithenergyltd
LinkedIn: https://bit.ly/3A5PRJb



Market Abuse Regulation (MAR) Disclosure
The information included in this announcement is defined as inside information
pursuant to MAR article 7 and is publicly disclosed in accordance with MAR
article 17 and section 5 -12 of the Norwegian Securities Trading Act. The
announcement is made by the contact person.


NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Andrea Cattaneo
2 Reason for the notification
a) Position/status Chief Executive Officer & President
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Zenith Energy Ltd.
b) LEI 213800AYTYOYD61S4569
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument ; (ii) each type of transaction ; (iii) each date ; and (iv) each place
where transactions have been conducted
a) Description of the financial instrument, type of instrument
Common Shares of No Par Value
Identification code CA98936C8584
b) Nature of the transaction Subscription for New Common Shares
c) Price(s) and volumes(s) Price(s) Volume(s)
NOK 0.19 18,119,411
d) Date of the transaction(s) October 28, 2024
e) Place of the transaction Off Market

1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Luca Benedetto
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Zenith Energy Ltd.
b) LEI 213800AYTYOYD61S4569
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument ; (ii) each type of transaction ; (iii) each date ; and (iv) each place
where transactions have been conducted
a) Description of the financial instrument, type of instrument
Common Shares of No Par Value
Identification code CA98936C8584
b) Nature of the transaction Subscription for New Common Shares
c) Price(s) and volumes(s) Price(s) Volume(s)
NOK 0.19 7,361,011
d) Date of the transaction(s) October 28, 2024
e) Place of the transaction Off Market

1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Sergey Borowskiy Alexandrovich
2 Reason for the notification
a) Position/status Director
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Zenith Energy Ltd.
b) LEI 213800AYTYOYD61S4569
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument ; (ii) each type of transaction ; (iii) each date ; and (iv) each place
where transactions have been conducted
a) Description of the financial instrument, type of instrument
Common Shares of No Par Value
Identification code CA98936C8584
b) Nature of the transaction Subscription for New Common Shares
c) Price(s) and volumes(s) Price(s) Volume(s)
NOK 0.19 2,831,158
d) Date of the transaction(s) October 28, 2024
e) Place of the transaction Off Market
https://newsweb.oslobors.no/message/630523

Tony83
28.10.2024 kl 13:16 2685

that's where they cheat on us -->
"Warrants
The Company has issued 95,000,000 share purchase warrants (the “Warrants”)
exercisable at a price of NOK 0.29, applying a ratio of 1:1 in connection with
the Placement Shares and Debt Settlement Shares, with a fixed duration of two
years from the date of issuance."
TheLondonOiler
28.10.2024 kl 13:35 2661

AC seems extremely confident regarding the arbitration success if he and his fellow financial officer have piled in that much money
Redigert 28.10.2024 kl 14:17 Du må logge inn for å svare
Tony83
28.10.2024 kl 13:42 2691

but look at at the amount of the dilution for us --> 95,000,000 shares for a price of NOK 0.29!
futureistoday
28.10.2024 kl 14:10 2653

Nøyaktig dette advarte jeg om, ledelsen skal berike seg selv ved en eventuell positiv avgjørelse i voldgiftskrav. I tillegg så kommer nok enorme bonuser… vanlige aksjonærer skal ikke ha store deler av eventuelt oppgjør
Sia
28.10.2024 kl 14:32 2670

De tømmer jo sjappa hele tiden. Kjører skyhøy bonuser og lønn på våres bekostning, for så å "redde" videre drift. Om du finner dette positivt er du bra optimist.
Gullit
28.10.2024 kl 14:39 2685

Viser att dette kan gå veien. Ikke feil det!! Den som satser mest vinner mest. Bare fair det
Sia
28.10.2024 kl 15:19 2650

Feil. I Zenith er det den som satser mest, sitter med det største tapet!!!!
tsu for all
28.10.2024 kl 15:30 2626

Gjennomføring av rettet emisjon og gjeldsordning

Zenith Energy Ltd. ("Zenith" eller "Selskapet") (LSE: ZEN; OSE: ZENA; OTC PINK: ZENAF), det børsnoterte internasjonale energiproduksjons- og utviklingsselskapet, har gleden av å kunngjøre at det har gjennomført en rettet emisjon i Norge ("Plasseringen") og et gjeldsoppgjør ("Gjeldsoppgjøret").

Plasseringen har tiltrukket seg deltakelse fra eksisterende investorer, samt tre styremedlemmer, herr Andrea Cattaneo, herr. Sergey Borowskiy og herr. Luca Benedetto, og samlet inn et samlet beløp på ca. NOK 11 938 353 (tilsvarer ca. 841 000 pund og 1 092 dollar) , noe som resulterer i utstedelse av totalt 62 833 440 nye ordinære aksjer ("Nye ordinære aksjer").

Utstedelsespris

Emisjonen ble gjennomført til kurs NOK 0,19, som representerer en premie til sluttkursen på selskapets aksjepapirer tatt opp til handel på Euronext Growth Oslo 25. oktober 2024.

Bruk av inntektene

Inntektene fra Plasseringen vil bli brukt til å gi ytterligere finansiering til støtte for Selskapets internasjonale voldgiftssaker mot Republikken Tunisia, samt til generelle arbeidskapitalformål.
En søknad om at de nye ordinære aksjene skal noteres på standardsegmentet av FCAs offisielle liste og tas opp til handel på London Stock Exchange Main Market for børsnoterte verdipapirer vil bli gjort innen 12 måneder etter utstedelsen av de nye ordinære aksjene.
tsu for all
28.10.2024 kl 15:32 2710

Selskapet har utstedt 95.000.000 aksjekjøpswarranter (“Warrantene”) som kan utøves til en kurs på NOK 0,29, med et forhold på 1:1 i forbindelse med Plasseringsaksjene og Gjeldsordningsaksjene, med en fast varighet på to år fra datoen. av utstedelse.
tsu for all
28.10.2024 kl 15:39 2740

Det er i dag 271 millioner aksjer i selskapet

det er idag 271 millioner aksjer i firma +62 millioner i dag , viss ledelsen kjøpte 62 millioner aksjer 25 okt + 95 millioner aksjer til 0,29, innen 2 år, så har di veldig kontroll og tro på firma = utvanning av aksjen i dag med 50 % ca

Status er att firma ikke går konkurs pga ny egenkapital av ledelsen
Redigert 28.10.2024 kl 15:47 Du må logge inn for å svare
tsu for all
28.10.2024 kl 15:58 2698

Nå som firma er reddet og har egenkapital til alle 3 rettsaker
Med 271 millioner aksjer + 62 millioner + evt 95 millioner = 428 millioner aksjer

Vinner vi alle 3 rettsaker ca 6 tusen millioner = 14 kr pr aksje, våren 2026
TheLondonOiler
28.10.2024 kl 20:17 2491

the share price has hardly fallen and the directors purchased a vast majority of those shares which mean they cannot sell them anytime soon. I think the bottom has finally been seen and from here on the price will gradually rise in anticipation of the arbitration results.
Tony83
29.10.2024 kl 09:07 2291

I still do not understand how is it possible that a dilution is not decided on a General Meeting but by the management! it's unprecedented and absurd! there's very close parallel with EAM case but there the dilution was put on a General Meeting and was voted down. In the present case the shareholders can do nothing.
futureistoday
29.10.2024 kl 09:26 2299

Det jobbes med og stoppe ledelsen i og gjøre slikt, det undres også hvorfor ledelsen ikke kjøper noe i det åpne markedet, kun i private emi’er bak lukkede dører
tsu for all
29.10.2024 kl 09:30 2319

Kor dum er du ? emi gir penger i kassen
Tony83
29.10.2024 kl 09:42 2300

Who "we" is working on stopping the dilution and how can you do this? ZENA is incorporated in Canada --> you sue them in Canada?
futureistoday
29.10.2024 kl 09:56 2284

Ingen som saksøker noen, men kan kreve generalforsamling og stoppe utvanning, og spesielt slik som de warrant’ene de har tildelt seg selv, jeg tror det er i beste fall på grensen til ulovlig med tanke på de beløpene de har meldt muligens kan vinnes i voldgiftskrav. Det er en direkte hand inn i honningkrukka fra styret.
TheLondonOiler
29.10.2024 kl 10:55 2230

so you believe it is very likely that Zenith will win the arbitration?
futureistoday
29.10.2024 kl 11:14 2288

Hvis du ser på ett av mine tidligere innlegg så har jeg beskrevet situasjonen som nå utspinner seg. Hvis ledelsen tror voldgiftskrav vil ha positivt utfall så vil de berike seg selv med store mengder aksjer uten at vi vanlige aksjonærer får delta.

Det er nøyaktig det som har skjedd nå, og antageligvis kommer til og skje igjen da de allerede har meldt at de skal hente inn penger til Italia i starten av året. Vi vanlige aksjonærer sitter igjen med skjegget i postkassen, men min mening er at prisen vil nå muligens gå opp over 30 øre men ledelsen vil vanne ut slik de sitter med en meget høy andel aksjer i % slik de sitter igjen med mesteparten av ett eventuelt utbytte. Så de som sitter med snitt på langt over 30 øre pr nå vil fremdeles ikke tjene noe særlig. Dette er kun mitt synspunkt og min mening. Langt ifra noe fakta. Men jeg har idag kjøpt flere hundre tusen aksjer for og snitte ned da JEG tror prisen vil stige 50% fra der vi er idag.

Den burde gått tusenvis av prosent opp men desverre tror jeg ledelsen er for opptatt av og fylle egne lommer fremfor de som har blødd og tapt enormt med penger gjennom alle år. Nemlig oss vanlige aksjonærer.
MarketGunsling
29.10.2024 kl 12:35 2295


I have not posted much on here over the last few months, but I feel that the recent raising announcement deserves comment. As ever with Zenith this announcement brings both positive and less favourable aspects. On the positive side, the company has successfully raised approximately $1 million, ensuring solvency at least until the completion of the first two arbitration processes. However, a downside is the 72% increase in shares outstanding due to the inclusion of warrants, resulting in significant dilution for existing shareholders.

One notable strength of the RNS is that Andrea Cattaneo and Luca Benedetto have personally invested $320,000 and $134,000, respectively, in this placement. Their commitment not only reflects their confidence in the company's potential success in the arbitration but also signals their belief in a favourable outcome. Personally, I view this near half-million-dollar investment by these key directors at this critical juncture as a strong indication of their confidence, potentially forecasting a substantial increase in the share price within the next five months.

Some voices in our community, here are critical of the directors' investment, especially given that the placement shares include a warrant. However, many of these same individuals have long claimed that the company lacks viability, insisting it is not worth investment. This stance seems contradictory; if Zenith truly were a poor investment, they should have no issue with directors investing their own funds. Conversely, if Zenith holds promise, as recent developments might suggest, then their previous claims could be seen as misleading.

As is often the case, the reality likely lies somewhere in between. The directors evidently have confidence in the potential success of the arbitration claims, anticipating a significant financial outcome from Tunisia in the near term—otherwise, such a personal investment would be unlikely. At the same time, they now stand to benefit more than others due to the warrants. This, however, is simply the nature of investing: those willing to assume greater risk often reap higher rewards. Anyone, who shares the directors' confidence in arbitration success is equally free to purchase shares on the open market and still deliver a significant return – albeit without the benefit of the warrants.

Including all of the new share shares and warrants, Zenith will now have 429,383,440 shares in issue. This would mean that the company’s current market capitalisation stands at approximately $8 million, while arbitration claims amount to nearly $500 million. A successful claim for even half of this amount could yield a thirtyfold increase in the current share price. This is the game we are playing. Each investor must decide individually whether to follow the directors' example and increase their stake in Zenith, maintain their current investment, or sell as others might advise. I know where I sit on this matter, but it is up to each of us to decide our own strategy. Good luck all.
Barneskirenn
29.10.2024 kl 13:11 2418

Hva skjer med oljesalget som ble meldt skulle skjer "by end of october"?
Blientotre
29.10.2024 kl 13:21 2443

Godt spørsmål - der hadde de hatt kapitalen.
Så kunne de også fått handlet aksjer i det åpne marked.
Da hadde etterspørselen for høyere kurs økt og de også kunne fått vært med å høyne kursen.