ZEN Graphene Solutions, formerly called Zenyatta Ventures, is a mineral exploration and development company based in Ontario, Canada. Zen is developing the Albany Graphite Deposit – a rare hydrothermal graphite deposit with the potential to produce a natural, high-purity graphite that may compete in high-technology markets traditionally reserved for synthetic graphite.
The company's high crystallinity graphite can be upgraded without the use of aggressive acid (HF) or high temperature thermal treatment. Zen has developed an environmentally friendly metallurgical process flowsheet that consists of grinding, flotation and caustic treatment using sodium hydroxide. The company states that it has been able to achieve an extraordinary carbon purity result of >99.9 percent in bench-scale tests, using this proprietary and environmentally friendly purification process.
According to the Zen, current end uses for its graphene materials include composites (concrete, rubber and plastics), energy storage and environmental applications but many more are under development.
The latest ZEN Graphene news:
Zenyatta Ventures has announced closing a private placement which raised $3,000,000 CAD (around $2.2 million USD).
These funds will be used for bulk sampling, environmental assessment and community engagement work on the Company’s Albany Graphite Project.
Zenyatta 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.
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.
Zenyatta Ventures has announced that it will be commencing a new research collaboration with the University of British Columbia (UBC)-Okanagan Campus and the Deutsches Zentrum für Luft- und Raumfahrt (“DLR”, the German Aerospace Center) to investigate the potential use of Albany Graphite for graphene and graphene oxide in new composite materials.
Dr. Lukas Bichler, who will be leading the composite development project, said: “UBC researchers have established a partnership with DLR, which seeks to provide unique educational and research opportunities for future engineers. Also, the partners bring together Canadian and European industry partners and allow effective technology transfer and rapid innovation”.
Zenyatta Ventures has announced the closing of the private placement announced earlier this year. Approximately $712,000 CAD (around $535,200 USD) was raised in respect of the equity offering.
The funds will be used for general expenses of the Company, including the advancement of the Albany project, initiating an Environmental Assessment, and other corporate expenses.