Zion Oil & Gas, Inc. (NASDAQ:ZN) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders
On June 5, 2018, Zion Oil & Gas, Inc. (the “Company”) held its 2018 Annual Meeting of Stockholders (the “2018 Annual Meeting") at the Westin Park Central Hotel in Dallas, Texas. As of April 10, 2018, the record date for the 2018 Annual Meeting, there were 47,870,000 shares of common stock issued and outstanding. A quorum of common stockholders, present in person or by proxy, representing 41,720,744 shares of common stock was present at the 2018 Annual Meeting. The final voting results of the 2018 Annual Meeting are set forth below.
|1.||Proposal to elect Class I Directors to serve until the 2021 Annual Meeting of Stockholders.|
The Company’s common stockholders elected each of the Company’s four nominees for Class I Directors to serve a term of three years to expire at the 2021 Annual Meeting of stockholders or until their respective successors are duly elected and qualified, as set forth below:
|Name||Votes For||Votes Withheld||Broker Non-Votes|
|John M. Brown||8,500,541||122,485||32,651,833|
|Michael B. Croswell, Jr.||8,506,975||152,405||32,651,833|
|2.||Proposal to ratify the appointment of MaloneBailey, LLP.asthe Company's auditors for the year ending December31, 2018.|
The Company’s common stockholders ratified the appointment of MaloneBailey, LLP., as the Company's auditors for the year ending December31, 2018, as follows:
|Votes For||Votes Against||Abstain||Broker Non-Votes|
About Zion Oil & Gas, Inc. (NASDAQ:ZN)
Zion Oil & Gas, Inc. is an oil and gas exploration company. The Company holds a petroleum exploration license onshore Israel, the Megiddo-Jezreel License (MJL), comprising approximately 99,000 acres. The MJL is onshore, south and west of the Sea of Galilee. The Company has drilled approximately four exploratory wells. The Company has not generated any revenues.