Zentek announces US$30 Million At-The-Market Offering in the United States

Zentek has announced it has entered into an at-the-market offering agreement (the “ATM Agreement”), to raise gross proceeds of up to US$30 million. Rodman & Renshaw LLC is acting as the exclusive sales agent for the Offering.

Sales of Common Shares will be made through an "at-the-market offering", made directly on the Nasdaq Capital Markets (“Nasdaq”), or any other recognized marketplace on which the Common Shares are listed, quoted or traded in the United States or through a market maker. No offers or sales of Common Shares will be made in Canada on the TSX Venture Exchange or other trading markets in Canada.

 

Net proceeds from the Offering, if any, will be used for corporate purposes.

 

Posted: Mar 05,2025 by Roni Peleg