Recent Updates — ZTEK
Nasdaq granted Zentek's appeal for continued listing only on the condition that the company complete a share consolidation and demonstrate compliance with the US$1.00 minimum bid price requirement by December 24, 2026. The Board determined not to proceed with the consolidation, concluding that capital and management attention are better directed at advancing its core assets: Albany Graphite, ZenGUARD, and Triera. Consequently, Zentek notified Nasdaq of its intent to withdraw from the exchange. Common shares were suspended from Nasdaq trading on September 2, 2026, and began trading on OTCQX under the ticker ZTEKF, while continuing to trade on the TSX Venture Exchange as ZEN. Zentek Ltd. is a Canadian intellectual property development and commercialization company advancing a portfolio of graphene-enabled and advanced material technologies across clean air, next-generation materials, and critical minerals.
Zentek Ltd. announced two new hires to support the commercialization of its ZenGUARD product line and broaden investor relations reach. Angela Lomets joins effective October 14, 2026, as Vice President, Commercialization - ZenGUARD, bringing over 20 years of HVAC sales experience. Morgan Knowles began her role in investor relations and capital markets communications on October 1, 2026, leveraging prior experience with public mining companies. Concurrently, Ryan Shacklock departed his position as Senior Vice President, Strategy and Business Development, effective October 5, 2026. The company stated these changes align with its focus on shaping capital strategy following the resolution of regulatory barriers for ZenGUARD in Canada and the filing of a preliminary economic assessment technical report. Zentek Ltd. is an intellectual property development and commercialization company advancing graphene-enabled technologies across clean air, materials, and critical minerals.
Zentek Ltd. filed a technical report for the Preliminary Economic Assessment of its Albany Graphite Project in Northern Ontario, supporting an August announcement with updated tabulation. The assessment outlines a 30-year production period yielding 30,000 tonnes per year of ultra-high-purity graphite via an acid-free thermal purification process. Key economic metrics include an after-tax net present value of US$3.85 billion at a 5% discount rate and an after-tax internal rate of return of 27.4%. Initial capital costs are estimated at US$817 million, with a discounted payback period of 4.4 years. Micon International Limited recommends advancing the project to a Pre-Feasibility Study. Zentek Ltd. is a Canadian intellectual property development and commercialization company advancing graphene-enabled technologies and critical minerals assets.
Zentek Ltd. has been pre-qualified under the Government of Canada's Defence Drone Initiative Marketplace, receiving Supply Arrangement CW2467305 for a five-year term running from August 26, 2026, to July 31, 2031. The arrangement allows Zentek to respond to task solicitations issued by the Defence Investment Agency on behalf of the Department of National Defence. However, the filing explicitly states that this pre-qualification is not a contract and carries no committed value or guaranteed purchase volume. The qualification relates to Zentek's graphene and graphite-based coatings, specifically its water-based electromagnetic interference shielding technology, ZEN-EMI-01. The company warns there is no certainty that this opportunity will result in material financial benefit. Zentek Ltd. operates as a Canadian intellectual property development and commercialization company advancing graphene-enabled and advanced materials technologies.