Zentek Ltd V.ZEN

Alternate Symbol(s): ZTEK

Healthcare Biotechnology

Zentek Ltd. is an intellectual property technology company. The Company is focused primarily on commercializing ZenGUARD, as well as on the development of certain aptamer technologies and other nanomaterials-based technologies. Its patented technology platform, ZenGUARD, is shown to have enhanced viral filtration efficiency for surgical masks and heating, ventilation, and air conditioning (HVAC) systems. The Company is also focused on the research, development and commercialization of novel products, seeking to give the Company's commercial partners a competitive advantage by making their products better, safer, and greener. The Company has installed industrial-scale production equipment to produce the ZenGUARD coating formulation at its York Rd., Guelph, Ontario location, which is permitted for industrial use. It is also working on developing processes to synthesize graphene, GO and graphene quantum dots, along with other possible applications for graphene-based materials.

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Zentek Ltd

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Comment by Thresholdon Jul 10, 2014 1:28pm

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Post# 22733579

RE:"Second Option" "Material Contracts"

there is no claw-back option on 4F whatsoever. this is clearly stated on page 41 "The Claw-Back Right is not applicable to Claim Block 4F." so thanks for pointing out that ZEN can expect a $27.5 million payment if Cliffs wants to claw-back to a 50% interest in the other claims they are currently jv'ing with ZEN in Ontario. ZEN purchased Cliff's remaining percentage ownership in Albany 4F and has 100% ownership. Perhaps you should read that NR more carefully than the AIF. That was NR'd on Nov 21, 2011.

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