Zenith Exploration Inc. Announces Private Placement of Units
Zenith Exploration Inc.
Suite 1080, 789 West Pender Street
Vancouver, BC V6C 1H2
NEWS RELEASE
ZENITH EXPLORATION INC. ANNOUNCES PRIVATE PLACEMENT OF UNITS
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES/
Vancouver, BC – April 14, 2020 – Zenith Exploration Inc. (CSE: “ZX”) (“Zenith” or the “Company”) is
pleased to announce it expects to issue, by way of a non -brokered private placement, up to
10,000,000 units (the "Offered Unit") at a price of $0.02 per Offered Unit for total gross proceeds of
up to $200,000 (the "Offering").
Each Offered Unit shall consist of one common share of the Company and one common share
purchase warrant, whereby each warrant shall entitle the holder thereof to acquire one additional
common share of the company for a total period of five years from the date of issuance at a price of
$0.05 per warrant share.
The net proceeds from the Offering will be used for working capital and general corporate purposes.
The Offered Units will be subject to a statutory hold period of four months following the date of
issuance. The Company will not pay finders’ fees on the Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the
securities in the United States. The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the " U.S. Securities Act") or any state securities
laws and may not be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
About Zenith Exploration Inc.
Zenith Exploration Inc. is a resource exploration company that is acquiring and exploring mineral
properties.
On Behalf of the Board of Directors
ZENITH EXPLORATION INC.
Brent Hahn
Chief Executive Officer
Telephone: 604-428-7050
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.
Zenith Exploration Inc.
News Release Page 2 of 2
FORWARD LOOKING STATEMENT This press release may include forward-looking information within
the meaning of Canadian securities legislation, concerning the business and trading in the common
stock of Zenith Exploration Inc., the raising of additio nal capital and the future development of the
business. The forward -looking information is based on certain key expectations and assumptions
made by the company's management. Although the Company believes that the expectations and
assumptions on which such forward-looking information is based are reasonable, undue reliance
should not be placed on the forward -looking information because the Company can give no
assurance that they will prove to be correct. These forward -looking statements are made as of the
date of this press release and Zenith disclaims any intent or obligation to update publicly any forward-
looking information, whether as a result of new information, future events or results or otherwise,
other than as required by applicable securities laws.