August 24, 2020 ZENITH ENERGY LTD. ("Zenith" or the "Company") Termination of Market Making Agreement with Norne Securities ASZenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE:ZENA-ME), the listed international oil & gas production company, announces that it has terminated the Market Making Agreement (the "Agreement") withNorne Securities AS ("Norne"), first announced to the market onOctober 1, 2019 . As publicly reported at the time of entering into the Agreement with Norne, the purpose of the Agreement was to enhance the liquidity of the Company's listing on the Merkur Market of theOslo Stock Exchange . The Company is satisfied with the recent levels of liquidity and believes the Agreement is no longer required. The effective date of the Agreement's termination will beAugust 31, 2020 . This information is in accordance with the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Further Information:Zenith Energy Ltd Andrea Cattaneo , Chief Executive Officer Tel: +1 (587) 315 9031 E-mail: info@zenithenergy.caAllenby Capital Limited - Financial Adviser & BrokerNick Harriss Nick Athanas Tel: + 44 (0) 203 328 5656 Notes to Editors:Zenith Energy Ltd. is an international oil and gas production company, listed on theLondon Stock Exchange (LSE:ZEN) and the Merkur Market of theOslo Stock Exchange (ZENA:ME). Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the onshore oil & gas sector, specifically inAfrica . The Company's board of directors and senior management team have the experience and technical expertise to develop the Company successfully.
Click here for more information
© Oslo Bors ASA, source