Zentek Announces Sale of Corporate Office Property

Zentek Ltd., a Nasdaq and TSXV listed company, has disclosed plans to sell its property at 24 Corporate Court, Guelph, Ontario. This move is part of a strategic review aimed at aligning with long-term business objectives. The agreement, finalized on April 15, 2025, outlines a sale price of $2.5 million.

Zentek will lease back the location from the buyer until January 31, 2026, ensuring continuity in operations and a smooth transition. The sale, expected to conclude by May 15, 2025, will not affect daily operations or staffing. Plans for relocation post-leaseback are in development.

The company remains focused on its core activities in research and technology development, particularly utilizing its ZenGUARD™ technology in filtration.