Scottish-American oil firm Ziyen will this week hold two events in a bid to attract investment.

Ziyen will stage its inaugural investor summit at Aberdeen Grammar Former Pupils Club on Queens Road, starting at 6pm on May 16.

A second event will take place at the Kingsmills Hotel in Inverness from 6pm on May 17.

Ziyen is gearing up for Nasdaq stock market entry later this year, pending approval of its initial public offering.

At the Offshore Technology Conference (OTC) in Houston earlier this month, the firm announced that it had picked up another two leases in the Illinois Basin, taking its total to 13.

Inverness-born Alastair Caithness founded the company in 2016 following his move from Scotland to San Diego, California.

Ziyen opened its Granite City base at the Aberdeen Innovation Park, Balgownie Drive in October, while it also has an outpost on the Black Isle.

Mr Caithness, Ziyen’s chief executive, said: “We are proud to announce the launch of our inaugural investors summit in Aberdeen.

“It was only recently that I attended the Invest Aberdeen networking event at OTC in Houston and what a great job the Lord Provost, Barney Crockett, did promoting the energy capital of Europe on the world stage.

“It made me proud and excited to be associated with Aberdeen and the fact that we are also growing a Scottish-American company on the international stage.”

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About Ziyen Inc.Founded in 2016, Ziyen Inc. is a Scottish-American company focused on delivering 100% Energy Independence to the USA. Initially launched as a software company providing information about oil and gas related procurement contracts, Ziyen Inc. diversified in 2017, instating the Ziyen Energy Division with the 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 2017 Ziyen acquired the mineral rights to its first oil field in Indiana, and now has thirteen oil assets. The U.S. Securities and Exchange Commission (SEC) recently qualified Ziyen Inc. in November 2017 for its second round of funding, with a pre-IPO share price of $1.50. More information may be found in its Offering Circular filed with the SEC, or on its website

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.

Contact:Josh BergBerg Capital Markets Dean Holter, Esq.Berg Capital Markets