Zion Oil & Gas extends Unit Option Program to Feb 28, 2025

ZION OIL & GAS INC

Extension of Unit Option deadline from Dec 31, 2024 to Feb 28, 2025.
Each Unit priced at $250 includes common shares and warrants to purchase 50 shares at $0.25.
AMI participants who purchase at least one Unit receive an additional 50 warrants at $0.25 exercise price.
Warrants exercisable from Mar 31, 2025 through Mar 31, 2026 at $0.25 per share.
Warrant Agent Agreement with Equiniti Trust Company amended multiple times since Nov 6, 2023.

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