Zenith Energy has completed directed share issues in the UK and Norway, as well as a debt settlement, and entered into a new loan facility. In total, the company is raising approximately GBP 3.1 million, equivalent to around NOK 38.8 million, through the issue of approximately 44.6 million shares.The Norwegian part accounted for the majority, approximately NOK 35.7 million, while the UK part contributed approximately GBP 250,000, or NOK 3.1 million. The subscription prices were set at discounts of 3.33 percent and 1.6 percent, respectively.In addition, approximately 21 million shares are being issued to offset debts of approximately NOK 18.2 million. The company has also secured a convertible loan facility of up to GBP 2 million with interest of five percent.The proceeds will, among other things, finance legal proceedings, solar energy projects and working capital.Andrea Cattaneo, CEO of Zenith Energy, provides the following comment. "The company’s portfolio presents a compelling value proposition, with revenue-generating energy production assets, short-term development opportunities within its solar energy portfolio in Italy, which is now approaching the milestone of a 200 MWp development pipeline, as well as significant upside from its uranium exploration license applications. The company is preparing to begin construction of its first solar energy production facility in July 2026 and intends to bring additional construction-ready projects into the construction phase and then into production."He also addresses the arbitration proceedings the company is pursuing against Tunisia. "The additional financing enables the company to continue advancing these core pillars of the strategy and positions it to deliver potentially transformative value, with a number of value-driving catalysts expected between now and the end of the year."In connection with the share issues, CEO Andrea Cattaneo and CFO Luca Benedetto participated by subscribing for approximately 1.6 million and 1.1 million shares, respectively. Following the transaction, their holdings amount to approximately 8.15 percent and 2.42 percent of the share capital, respectively.