Zentek has completed the sale of its property that houses its corporate office and laboratory space.
Under the terms of the agreement, the Buyer paid Zentek an aggregate purchase price of $2.5 million. The Company will lease back the Property from the Buyer until January 31, 2026, allowing for a transition period and uninterrupted operations.
The Company does not anticipate any disruption to its day-to-day operations or staff as a result of the sale. Relocation planning beyond the leaseback period is currently underway and will be communicated at a later date.
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Posted: May 18,2025 by Roni Peleg
