Zion Oil & Gas launches $250 Unit Option with warrants at $0.25 under DSPP

ZION OIL & GAS INC

Unit Option period Nov 6 to Dec 31, 2023; each $250 unit includes shares (priced at avg high/low) and 50 warrants.
Warrants exercisable at $0.25/share from Jan 15, 2024 to Jan 14, 2025, ticker ZNWBA, not registered for trading.
AMI enrollees (including existing) who purchase at least one unit receive an additional 50 warrants per unit.
Company executed Warrant Agent Agreement with Equiniti Trust Company on Nov 6, 2023 for ZNWBA warrants.

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