DALLAS and CAESAREA, Israel, July 16, 2010 (GLOBE NEWSWIRE) -- Zion Oil & Gas, Inc. (Nasdaq:ZN) announced today that on July 15, 2010 it completed its previously announced rights offering. The preliminary outcome of the rights offering, as of the close of business on July 15, 2010, indicates that subscriptions of approximately 2.3 million shares, for gross proceeds of approximately $11.5 million, will be accepted (including over-subscription). All shareholders that requested over-subscription shares will be awarded their full over-subscription request.
Zion Oil & Gas Rights Offering Ends
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.