Admission to trading of Common Shares – Correction.

June 6, 2025             

This announcement amends and replaces the announcement entitled 'Admission to trading of Common Shares' RNS 8175L released on 6 June 2025 at 10:45 to reflect the correct admission date for the Common Shares. All other details remain unchanged. The full amended text is shown below.

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Admission to trading of Common Shares - Correction

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; PINK MARKET: ZENAF), the listed international energy production and development company, confirms that an application has been made for admission to the Transition Category of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange of 20,693,379 common shares of no par value ("Common Shares"). The Common Shares already form part of the Company's outstanding share capital and do not represent a new equity issuance.

The 20,693,379 common shares to be listed include 1,379,310 common shares of no-par value in the capital of the Company issued in connection with the UK Financing announced on May 29, 2025.

Admission of the Common Shares to the Transition Category 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 June 10, 2025 ("Admission").

Following Admission, the number of Common Shares admitted to the Transition Category of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange will be 328,482,086.

Further Information:

Notes to Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with energy production, exploration and development assets in North Africa, the US and Europe. The Company is listed on the London Stock Exchange Main Market (LSE: ZEN), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and the Pink Markets of the OTC (OTC PINK: ZENAF).

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