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Zion's Chief Executive Officer, Richard Rinberg, said today, "We are honored to participate in the NASDAQ opening bell ceremony. We believe that listing on NASDAQ will expand our exposure to the U.S. investment community and further enhance shareholder value."
Zion's securities will commence trading on NASDAQ Global Market on September 2, 2009. Zion's common stock will continue to trade under the symbol 'ZN' and Zion's warrants will trade under the symbol 'ZNWAW'.
The opening bell ceremony will take place beginning at 9:20 a.m. Eastern Time at the NASDAQ MarketSite in New York's Times Square and will be broadcast live on the seven-story NASDAQ tower.
Webcast:
A live webcast of the opening bell ceremony will be available at: www.zionoil.com and at http://www.nasdaq.com/about/marketsitetowervideo.asx.
Photos:
For hi-resolution photographs of the market open, please go to www.nasdaq.com/reference/marketsite_events.stm and click on the Zion Oil & Gas market open option.
Zion Oil & Gas, a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv. It currently holds two petroleum exploration licenses, the Joseph and the Asher-Menashe Licenses, between Netanya, in the south, and Haifa, in the north, covering a total of approximately 162,000 acres and the Issachar-Zebulun Permit Area, adjacent to and to the east of Zion's Asher-Menashe license area, covering approximately 165,000 acres. Zion's total petroleum exploration rights area is approximately 327,000 acres.
Zion's homepage may be found at: www.zionoil.com
SOURCE: Zion Oil & Gas, Inc.
Zion Oil & Gas, Inc. Brittany Russell, 214-221-4610 dallas@zionoil.com
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