01:03 PM EDT, 10/20/2025 (MT Newswires) -- Zentek ( ZTEK ) on Monday upsized a private placement of share units to $2.5 million from $2 million.

The company will now issue 2.36-million units priced at $1.06 apiece and made up a share and one half of a three-year warrant to buy a share for $2.00.

Proceeds will be used for working capital and general corporate purposes.

Zentek ( ZTEK ) shares were last seen up $0.05 to $1.10 on the TSX Venture Exchange.

Price: 1.10, Change: +0.05, Percent Change: +4.76