Zentek Ltd. announced it has entered into an at-the-market (ATM) offering agreement to issue and sell common shares for aggregate gross proceeds of up to US$30 million.
Rodman & Renshaw LLC will act as the exclusive sales agent for the offering, with sales to be made directly on the Nasdaq Capital Markets or other recognized U.S. marketplaces.
The net proceeds from this offering are intended to be used for general corporate purposes, providing the company with additional capital to fund its operations and strategic initiatives.
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