August 19, 2022

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Rescheduling of Investor Call to September 8, 2022

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven revenue generating production, exploration and development assets in Africa and Europe, provides the following update with regards to the forthcoming investor and analyst conference call (the "Investor Call"):

The Investor Call will now be held on September 8, 2022, at 10:00 AM BST/11:00 AM CEST via teleconference due to potential near-term progress, including publication of the Company's audited annual financial results for the year ended March 31, 2022.

Those wishing to participate in the Investor Call may register by accessing the following link: https://bit.ly/3QpegQX

The Investor Call will commence with the management team providing an update on the Company's recent activities and running through an updated corporate presentation (to be made available for download on the morning of September 8, 2022, at www.zenithenergy.ca) and will conclude with the answering of questions submitted prior to the Investor Call.

The information discussed during the Investor Call will be restricted to publicly available information already communicated to the market by means of regulatory news prior to the date of the Investor Call.

-Ends-

Further Information:

Notes to Editors:                                   

Zenith Energy Ltd. is a revenue generating, independent energy company with production, exploration and development assets in Tunisia, Italy and the Republic of the Congo, including electricity generation in Italy. The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).

Zenith's strategic focus is on pursuing transformational opportunities in Africa and Europe 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.