Zentek (TSE:ZEN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Zentek Ltd. is set to enhance its financial stability through a non-brokered private placement aiming to raise up to $3 million. This capital boost, designed to bolster the company’s working capital and support general corporate functions, will be achieved by issuing over 2.3 million units at $1.30 each, with each unit offering a share and a purchase warrant.
For further insights into TSE:ZEN stock, check out TipRanks’ Stock Analysis page.