Zion Oil & Gas extends Unit Option Program deadline to May 31, 2024

ZION OIL & GAS INC

Unit Option period under DSPP extended from April 30 to May 31, 2024.
Each Unit priced at $250: common shares plus warrants for 50 shares at $0.25.
AMI enrollees ($50/month min) receive additional 50 warrants at $0.25.
ZNWBA warrants exercisable June 15, 2024 through June 14, 2025.
Warrant Agent Agreement with Equiniti Trust Company amended through April 24.

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