BRIEF

on Zentek Ltd. (NASDAQ:ZTEK)

Zentek Completes Sale of Corporate Office Property

Stock price chart of Zentek Ltd. (EBR:ZTEK) showing fluctuations.

Zentek Ltd. has finalized the sale of its property at 24 Corporate Court, Guelph, Ontario, which houses its corporate office and laboratory space. This transaction follows the Agreement of Purchase and Sale dated April 15, 2025, and was confirmed on May 15, 2025. The buyer purchased the property for $2.5 million.

Zentek plans to lease back the property until January 31, 2026, ensuring a seamless transition with no expected operational disruptions. Planning for a future relocation is underway and will be shared in due course. This strategic move allows Zentek to focus on its core competencies without affecting daily operations.

R. P.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Zentek Ltd. news