Medical Device Expansion Zentek recently announced the addition of ZenGUARD Enhanced Air Filters as a Class 1 Medical Device under its existing license, paving the way for potential sales growth in the medical device sector.

Government Contract Win Securing a $1.1 million contract from the Government of Canada to test Multivalent Aptamer Technology positions Zentek for further business opportunities in the government and healthcare markets.

Market Update Success Zentek's successful commercialization activities for ZenGUARD Antimicrobial Surgical Masks, as highlighted in a recent market update, can drive sales momentum and market penetration in the healthcare industry.

Financial Investment Growth The company's recent private placement of units, resulting in gross proceeds of $3,069,950 and an upsized private placement, signals investor confidence and potential for business expansion.

Nasdaq Compliance Actions Nasdaq's notification to Zentek about a minimum bid price deficiency underscores the need to enhance market performance and could prompt strategic sales initiatives to boost shareholder value and market competitiveness.