Zentek (TSE:ZEN) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.