Zentek (TSE:ZEN) has released an update.
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Zentek Ltd. has successfully completed a private placement, raising over $3 million by issuing more than 2.3 million units to fund its working capital and support its global market expansion, particularly for its ZenGUARD-coated HVAC filters. The capital raise also includes warrants for investors, potentially bringing in additional future capital.
For further insights into TSE:ZEN stock, check out TipRanks’ Stock Analysis page.
