Zion Oil & Gas Inc (ZNOG)

[DeeDog]

Update to the DSPP and Unit Offering...
Email newsletter from John Brown
Comments: It figures!!


Newsletter starts here:
Dear Friends of Zion,

We are excited to announce that we have extended the expiration date for the Unit program under our Dividend Reinvestment and Common Stock Purchase Plan (“DSPP”) to Friday November 29, 2013.

Now, Units may be purchased under the DSPP at any time prior to 5:00 p.m. Eastern Standard Time on November 29, 2013.

Each Unit, consisting of one share of common stock and one warrant to purchase one additional share of common stock, is being offered for $2.50.

The warrants are good for five years and are exercisable until December 30, 2018, for $2.00 per warrant.



WHY ARE WE DOING THIS?

The extension is being made, in part, to allow interested investors to utilize a new and more convenient electronic enrollment procedure with the TeleCheck Internet Check Acceptance service as a payment method to be operational soon.

The Unit Option Termination Date will be November 29, 2013, instead of August 30, 2013.

The Warrant Exercisable Date will be on the 31st day after the Unit Option Termination Date, or December 30, 2013.

The warrants under the Unit program are exercisable at any time after December 30, 2013 and prior to 5:00 p.m. Eastern Standard time on December 30, 2018.

We have issued a Press Release today announcing these changes. Feel free to read it here.
For full information regarding the Direct Stock Purchase Program, including the Prospectus, please visit our website:

www.zionoil.com/dspp


We are happy to answer any questions you may have regarding this plan and the changes:

Phone: [phone]
Email: [e-mail]

Investor Relations Direct Phone:
214-221-4610 Ext. 130 (please leave a message)

And, feel free to contact our plan agent, Registrar and Transfer Company
1-800-368-5948