27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Tickers: PINX:CANIF, XTSX:ZEE
Tags: Oil & Gas
Calgary, AB / TheNewswire / November 8, 2017 - Zenith Energy Ltd. (" Zenith " or the " Company ") ( LSE : ZEN ; TSX.V : ZEE ), the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that an investor in the Company has exercised warrants to acquire 1,612,142 new common shares of no par value (the " Warrant Shares ") in the capital of the Company on November 7, 2017. The exercise price of the warrants was CAD$0.20 per share, and the total consideration received was CAD$322,428 (approximately GBP194,600).
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The Warrant Shares were issued yesterday, November 7, 2017, by the registrars in Canada. The Warrant Shares will rank pari passu in all respects with the existing common shares of the Company.
An application will be made for the Warrant Shares to be admitted to trading on the Main Market of the London Stock Exchange, and for them to be listed on the Standard Segment of the UK Official List, both with effect from November 15, 2017 (" Admission ").
Total Voting Rights
Following Admission of the Warrant Shares, the Company will have 135,900,119 common shares in issue and admitted to trading on the Main Market of the London Stock Exchange and the Toronto Stock Exchange Venture Exchange. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Zenith Energy Ltd.
Andrea Cattaneo
Chief Executive Officer
Email: info@zenithenergy.ca
Telephone: +1 (587) 315 9031
Telefax: +1 (403) 775 4474
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Optiva Securities - (Joint Broker)
Christian Dennis
Telephone: + 44 (0) 203 137 1903
Beaufort Securities Limited - (Joint Broker)
Jon Belliss
Telephone: +44 207 382 8300
Allenby Capital Limited - (Financial Adviser)
Nick Harriss
Nick Athanas
Telephone: + 44 (0) 203 328 5656
Yellow Jersey (Financial PR/IR)
Tim Thompson
Telephone: +44 (0) 203 735 8825
Copyright (c) 2017 TheNewswire - All rights reserved.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.