Zenith Raise Eyebrows!

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Zenith Energy CEO Interview Post Funding

In the wake of recent funding, we felt it pertinent to revisit Zenith Energy to learn more about the latest RNS, where pursuant to the Placing, Zenith has issued a total of 43,012,500 Common Shares and 43,012,500 Warrants, to raise gross proceeds of CAD$1,720,500. The Company intends to use the proceeds of the Placing to fully fund the execution of well-deepening operations in wells C-37 and C-30.

 

Andrea Cattaneo, Chief Executive Officer of Zenith, commented:

“I am confident that a positive result in C-37 and C-30 drilling operations will be transformational for Zenith’s development. I am grateful to the shareholders who participated in this placing which ensures that we are now fully funded for the completion of well deepening operations in the Jafarli field.

I look forward with great excitement to reporting on progress of C-37 well deepening operations in due course.”  

Sarah Lowther recorded and extensive interview with Andrea Cattaneo here

Andrea recently joined us in the studio to talk about Zenith’s outlook

 

The author was remunerated but does not hold shares in the company 

 



Categories: Bulletin