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Zentek Ltd
Symbol ZEN
Shares Issued 100,819,577
Close 2024-06-20 C$ 1.52
Market Cap C$ 153,245,757
Recent Sedar Documents

Zentek grants options to buy 1.93 million shares

2024-06-21 07:56 ET - News Release

Mr. Ryan Shacklock reports

ZENTEK ANNOUNCES GRANT OF STOCK OPTIONS

Zentek Ltd. has granted options to acquire an aggregate of 1,935,000 common shares to certain directors, officers and employees of the company, exercisable at a price of $1.52 per common share for a period of five years from the date of the grant. For directors and officers, the options will vest one-third on the date of grant, one-third on the first anniversary of the grant and one-third on the second anniversary of the grant. For employees, the options will vest one-quarter on the date of grant and one-quarter on each anniversary thereafter.

About Zentek Ltd.

Zentek is an ISO 13485:2016-certified intellectual property technology company focused on the research, development and commercialization of novel products seeking to give the company's commercial partners a competitive advantage by making their products better, safer and greener.

Zentek's patented technology platform, ZenGuard, is shown to have 99-per-cent anti-microbial activity and to significantly increase the viral filtration efficiency for surgical masks, and aims to do the same for HVAC (heating, ventilation and air conditioning) systems. Zentek's ZenGuard production facility is located in Guelph, Ont.

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