Zion Oil & Gas extends Unit Option program through April 30, 2024

ZION OIL & GAS INC

Unit Option period extended to April 30, 2024 from March 31, 2024.
Unit price remains $250.00; each unit includes shares and 50 warrants exercisable at $0.25.
Warrants (symbol ZNWBA) exercisable from May 15, 2024 to May 14, 2025.
Plan participants enrolling in Automatic Monthly Investments ($50/month) receive 50 additional warrants.
Warrant agent agreement with Equiniti Trust Company amended multiple times through March 25, 2024.

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