Zion Oil extends Unit Option under DSPP to March 31, 2024; warrants exercisable at $0.25

ZION OIL & GAS INC

Amendment No. 7 extends the Unit Option Program termination date from Feb 29 to March 31, 2024.
Each Unit priced at $250 comprises shares of common stock and 50 warrants with $0.25 exercise price.
Participants enrolling in AMI ($50/month) receive an additional 50 warrants.
ZNWBA warrants exercisable from April 15, 2024 through April 14, 2025 at $0.25 per share.
Company filed amendments to the Warrant Agent Agreement with Equiniti Trust Company.

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