October 4, 2023             

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Admission to trading of Common Shares

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the international energy production and development company, announces that an application has been made for admission to the standard segment of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange of 1,142,140 common shares of no par value ("Common Shares"), which were already in issue. 

Admission for the Common Shares to be admitted to the standard segment of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange is expected to take place on October 5, 2023 ("Admission"). 

Following Admission, the number of Common Shares admitted to the standard segment of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange will be 193,137,074.

Further Information:

Notes to Editors:             

Zenith Energy Ltd. is a revenue generating, independent energy company with production, exploration and development assets in North Africa and Europe, 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 development opportunities through the development of proven revenue generating energy production assets, as well as low-risk exploration activities in assets with existing production.

For more information, please visit:  www.zenithenergy.ca

Twitter: @zenithenergyltd

LinkedIn:  https://bit.ly/3A5PRJb