Zion Oil Reduces the Exercise Price of Outstanding Warrants

DALLAS and CAESAREA, Israel, Jun 6, 2012 (GlobeNewswire via COMTEX) — Zion Oil & Gas, Inc. (NASDAQ:ZN) (NASDAQ:ZNWAL) (NASDAQ:ZNWAW) (NASDAQ:ZNWAZ) today announced that it has temporarily reduced the exercise price to $1.75 of all of its outstanding …
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