SAN DIEGO, Dec. 04, 2017 (GLOBE NEWSWIRE) — Ziyen Inc. is very excited to announce our Nov 30th qualification by the SEC to begin our Second Round of Funding through Regulation A+. Ziyen enters this phase with a new adjusted price of $1.50 per share and a target to raise $15 million in capital.
Ziyen’s new Offering Circular on file with the SEC is updated to include new company growth over the past year and revised financials which include the acquisition of an oil lease asset in Indiana.
Alastair Caithness, CEO Ziyen Inc., said:
“Everyone at Ziyen Inc. is delighted we have been qualified by the SEC for Round 2 of Funding. The company continues to go from strength to strength. Opening up our International Scottish Office has started to see some good results and with the Upcoming Announcement of Ziyen winning their second oil project, and two more in the pipeline, we at Ziyen Inc. all believe 2018 is going to be our year with plans for rapid growth, and at $1.50 we are still a great investment opportunity.”
The company’s pace shows no sign of slowing. As Ziyen continues to drive from Information to Innovation, plans for the upcoming weeks and months include:
- Ongoing identification and acquisition by the Energy division of additional production ready oil lease assets.
- Bringing initial oil production online this spring
- Exploring options for a satellite office to serve as a permanent presence in Indiana
- Increasing the investment to grow the International Scottish Office
- Beta release and evaluation of our new Ziyen Intelligence app in early 2018
All of these activities are designed to continue to rapidly grow the company and build value for shareholders. Along the way, Ziyen continues to share videos and information about progress and team experiences with their investors so they can be part of the journey.
Roberta Skelton is one such key investor. She shared the following about her experience in investing in Ziyen:
“I had opportunity to meet Mr. Caithness about 8 years ago. (My brother also lived in Scotland). My first impression was that he was intelligent and hardworking. I’ve had the chance to see first-hand both he and Shane Fraser during a visit to the office and know how very professional and dedicated they are to their work.
When I heard his company Ziyen was going into the oil business I thought it was a wonderful idea! What more do we need in here in the States but our own supply of oil? I happily invested and have been following them ever since. I have been sharing news with my family and friends and have high hopes for the company as I know it is run by very good people. I’m sure they will go far.”
If you would like to know more about the company, or to invest in Ziyen, please visit our website at www.ziyen.com.
Additional information on Ziyen Inc. can be found at the following pages:
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About Ziyen Inc.
Founded in 2016, Ziyen Inc. is a Scottish-American company developing cutting edge procurement software to provide clients with industry specific government and private contracts via procurement portals. In 2017, Ziyen diversified, instating the Ziyen Energy Division, with intent to produce oil in the U.S. with advanced extraction methods and technology implemented and guided by career experts in the oil and gas industry. In June 2017, Ziyen acquired the mineral rights to its first oil field in Indiana. The U.S. Securities and Exchange Commission (SEC) qualified Ziyen Inc. under Tier One of Regulation A+ in Oct, 2016. Ziyen plans to go public to the markets with an IPO targeted for early 2018.
About Granite PR
Founded in 2008, Aberdeen-based Granite PR offers the full spectrum of PR services with an emphasis on the energy, technology, hospitality, food and drink, professional services and healthcare sectors. The company has developed strong links in domestic and overseas markets, particularly the US and Scandinavia, and these have been enhanced by Granite PR’s Gateway series of business events which encourage trade between key locations. For more information visit www.granitepr.co.uk
Forward Looking Statements:
Certain statements in this press release including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing, performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC- specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the company on the date of this press release. Ziyen Inc. assumes no obligation to update the information in this press release.