July 27, 2022 ZENITH ENERGY LTD. ("Zenith" or the "Company") Payment of multi-currency bond couponZenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven revenue generating production, exploration and development assets inAfrica andEurope , is pleased to announce that it has today made coupon payments, in full and on time, in respect of the following multi-currency Euro Medium Term Notes the Company has listed on the Vienna MTF of theVienna Stock Exchange : · ZEEX 10.00001/27/24 MTN XS2108546818 CHF · ZEEX 10.12501/27/24 MTN XS2108546735 EUR · ZEEX 10.30001/27/24 MTN XS2108546651 USD · ZEEX 10.37501/27/24 MTN XS2108546578 GBPLuca Benedetto , Chief Financial Officer, commented: "Non-dilutive funding is an important area of focus for Zenith that we wish to develop further as we increase in size and the current oil, gas and electricity pricing climate attracts renewed investment in the energy industry. "We are very pleased to have progressively become an established debt issuer, benefiting from two independent credit ratings and a now consistent record of financial compliance towards our fixed income investors." Further Information:Zenith Energy Ltd Andrea Cattaneo , Chief Executive Officer Tel: +1 (587) 315 9031 E: info@zenithenergy.ca BlytheRay - Financial PR/IR Tim Blythe,Alice McLaren ,Madeleine Gordon-Foxwell Tel: +44 207 138 3204 E: zenith@blytheray.comAlternative Resource Capital - BrokerAlex Wood Keith Dowsing Tel: +44 (0) 207 186 9004 Tel: + 44 (0) 207 186 9005 Notes to Editors:Zenith Energy Ltd. is a revenue generating, independent energy company with production, exploration and development assets inTunisia ,Italy , and theRepublic of the Congo , including electricity generation inItaly . The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of theOslo Stock Exchange (OSE: ZENA). Zenith's strategic focus is on pursuing transformational opportunities inAfrica andEurope through the development of proven revenue generating oil, gas and electricity production assets, as well as low-risk exploration activities in assets with existing production.
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