Zenyatta Ventures announces name change to ZEN Graphene Solutions

Zenyatta logoZenyatta Ventures has announced that it has obtained TSX Venture Exchange approval and has changed its name from “Zenyatta Ventures Ltd.” to “ZEN Graphene Solutions Ltd.”. The name change reflects the Company’s decision to focus its development plans for the Albany Graphite Project on the graphene nano-material product opportunity.

The Company stated that the unique genesis and microcrystalline structure of the high-purity Albany Graphite mineralization gives ZEN a significant competitive advantage in producing mono-layer to few-layer graphene that is in the highest demand. The Company reported that it is presently assessing the various graphene conversion methods developed within its network of collaborative research partners with the goal of defining various scalable, low-cost, low-energy and environmentally friendly production methods.

Zenyatta provides updates on fund-raising and graphene applications progress

Zenyatta logoZenyatta Ventures has announced its plans to raise up to $3,000,000 CAD (around $2,240,000 USD) on a non-brokered private placement basis. The proceeds will be used for bulk sampling, environmental assessment and community engagement.

Zentayya also provided an update on its graphene market development work ,which has led to the creation of five significant potential market verticals for the Company which include aerospace, biomedical, water treatment, transportation and civil engineering.

Canada-based University of Guelph to receive grant for graphene research

A professor at the University of Guelph in Canada is receiving $1.4 million CAD (a little over $1 million USD) over the next seven years toward his research, which includes developing practical graphene applications. Prof. Aichen Chen was recently named as a tier-1 Canada Research Chair in electrochemistry and nanoscience, a title that came with the $1.4 million in funding.

For the past five years, Chen has been working with graphene — aiming to use it to create innovative green technologies for projects like energy storage and clean drinking water.

Versarien - Think you know graphene? Think again! Versarien - Think you know graphene? Think again!