TSX:ZEN

Zentek Just Raised C$18 Million. The Stock Still Trades Below the Deal Price
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Zentek Just Raised C$18 Million. The Stock Still Trades Below the Deal Price

Zentek Ltd. closed an C$18 million private placement at C$1.00 per unit, but shares traded around C$0.80 on the TSX Venture Exchange Thursday. The company plans to use proceeds for its Albany Graphite project and ZenGUARD air-filter business. Nasdaq shares remained below the $1.00 minimum bid, risking compliance. Recent government program inclusion has not yet resulted in confirmed ZenGUARD orders.
May 28, 2026

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