Zentek raises C$15 million in oversubscribed private placement
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Zentek Announces That Its Brokered LIFE Offering Is Oversubscribed and Fully Allocated
May 19, 2026 7:31 AM EDTTHIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Guelph, Ontario--(Newsfile Corp. - May 19, 2026) - Zentek Ltd. (TSXV: ZEN) (NASDAQ: ZTEK) ("Zentek" or the "Company") today announced that, further to its news release dated May 14, 2026, its previously announced "best efforts" marketed private placement (the "Marketed Offering") is oversubscribed and fully allocated. Pursuant to the Marketed Offering, the Company intends to raise gross proceeds of up to C$15,000,000 from the sale of up to 15,000,000 units of... More
