Zentek Ltd. announced an increase in the size of its previously disclosed non-brokered private placement, now targeting gross proceeds of up to $2,500,000.
The upsized offering will involve the issuance of up to 2,358,490 units at a price of $1.06 per unit. Each unit structure remains consistent with the prior announcement.
The proceeds from this increased offering are intended for working capital and general corporate purposes, providing additional capital to support the company's operations.
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