Zion Oil & Gas files $50 million shelf registration for stock, debt

By Devika Patel

Knoxville, Tenn., Jan. 28 - Zion Oil & Gas, Inc. filed a $50 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, debt securities, warrants and units.

The securities may be structured as convertibles.

Proceeds will be used to fund operations and for other general corporate purposes.

Based in Dallas, Zion is an oil and gas exploration-stage company.

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