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Zentek Announces Sale of Corporate Court Office

1. Zentek sold its corporate property for long-term strategic goals. 2. The sale reflects a shift in asset management strategy.

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Why Bullish?

Selling non-essential assets can free capital for critical investments. Historically, such sales have led to stock price increases when aligned with growth strategies.

How important is it?

Strategic asset sales can indicate future growth potential, impacting investor confidence significantly.

Why Long Term?

This decision supports long-term business goals and may enhance financial flexibility. Similar moves by companies often lead to sustainable performance improvements over time.

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GUELPH, ON / ACCESS Newswire / April 17, 2025 / Zentek Ltd. ("Zentek" or the "Company") (Nasdaq:ZTEK)(TSXV:ZEN), announces that, as part of a strategic review of its portfolio and assets to support long-term business goals, it has entered into an agreement of purchase and sale (the "APS") dated April 15, 2025, for the sale of its property located at 24 Corporate Court, Guelph, ON N1G 5G5 (the "Property") which houses Zentek's corporate office and laboratory space.

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