This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Zion Oil And Gas Launches Dividend Reinvestment And Direct Stock Purchase Plan

DALLAS and CAESAREA, Israel, March 27, 2013 (GLOBE NEWSWIRE) -- Zion Oil & Gas, Inc. (Nasdaq:ZN) today announced the introduction of a Dividend Reinvestment and Common Stock Purchase Plan for existing shareholders and prospective investors. The Plan allows investors to purchase shares of Zion's common stock directly from the Company and reinvest cash dividends (when and if Zion pays dividends in the future), without the payment of fees and commissions typically charged by stockbrokers for small transactions.

Registered stockholders and other interested first-time investors can enroll in the Plan by simply completing and submitting an enrollment form. The minimum initial investment is $250 for new investors. Once enrolled in Plan, investors may make additional investments of $50 or more through automatic deductions from checking accounts or through optional cash investments. In addition, for a limited time period through August 30, 2013, investors can also purchase units of Zion's securities, with each unit comprised of one share of common stock and one warrant to purchase an additional share of Zion's common stock.

The Plan will be administered by Registrar and Transfer Company of Cranford, New Jersey (the "Plan Agent"), which also serves as the Company's stock transfer agent. Stockholders and other interested parties may obtain a copy of the Plan prospectus and an enrollment form by contacting the Plan Agent by telephoning 1-800-368-5948 or visiting the Plan Agent's website at www.rtco.com . You can also visit Zion's website for additional information about the Plan ( www.zionoil.com .)

This announcement is neither an offer nor a solicitation of any offer. The securities are offered by prospectus only, and only within those states and other jurisdictions in which the securities may be sold, and this announcement is neither an offer to sell nor a solicitation of any offer to buy in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities of any such state or jurisdiction. The offering will be made by means of a prospectus supplement that was filed on March 27, 2013 pursuant to Zion's shelf registration statement (File No. 333-174266). Copies of the prospectus supplement are available for viewing on the website of the U.S. Securities and Exchange Commission located at www.sec.gov .

Zion Oil & Gas, a Delaware corporation, explores for oil and gas onshore in Israel. It currently holds three petroleum exploration licenses: the Joseph License (on approximately 83,272 acres) and the Asher-Menashe License (on approximately 78,824 acres), both between Netanya in the south and Haifa in the north, and the Jordan Valley License (on approximately 55,845 acres), just south of the Sea of Galilee. Zion's total license area amounts to approximately 218,000 acres.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.48 +6.19 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs