Zentek Ltd. (ZTEKF) has called an annual and special shareholder meeting for November 26, 2026, to elect five directors, appoint BDO Canada LLP as auditor and vote on an amended and restated omnibus long-term incentive plan. H. Bradley (Brad) Sutton is proposed as a director; Pete Gettinby will not stand for re-election. The record date is October 8, 2026, when 126,852,512 common shares were outstanding.
The proposed plan would add deferred share units for non-employee directors and increase the fixed share-unit issuance limit from 9,936,306 to 12,685,251 common shares, a limit stated as 10% of issued and outstanding shares. The TSX Venture Exchange conditionally approved the plan on October 19, 2026; shareholder approval and satisfaction of TSXV requirements remain conditions. Other proposed changes include allowing settlement in shares, cash or a combination at the Board's discretion, and extending certain post-departure award periods.
For the year ended March 31, 2026, total compensation was $617,213 for Chief Financial Officer Wendy Ford and $609,733 for Chief Executive Officer Mohammed (Moe) Jiwan. Zentek is using notice-and-access for meeting materials, which shareholders can view online.
Zentek Ltd. (ZTEKF) says it notified Nasdaq that it does not intend to continue its listing after its board and management decided not to proceed with a share consolidation at this time. Following the appeal process, Nasdaq granted continued listing conditional on completing a share consolidation and meeting the US$1.00 minimum bid price requirement, evidenced by a closing bid of at least US$1.00 for ten consecutive trading days by December 24, 2026.
Effective September 2, 2026, Zentek’s common shares were suspended from Nasdaq and began trading on OTCQX in the United States; they continue to trade in Canada on the TSX Venture Exchange. The company cited advancing Albany, developing routes to market and revenue, and progressing Triera as areas for its capital and management attention.
Zentek Ltd. said Chief Executive Officer Mohammed (Moe) Jiwan was invited to present Albany Graphite Project results at INGSM-26; the conference’s tentative program schedules the presentation for October 22, 2026, in Osaka, Japan. The company reported bench-scale purification results reaching 99.99985 wt.% carbon (5N+) without hydrofluoric acid and an average of 99.9995 wt.% carbon across three samples. Zentek says the material has not been irradiated or characterized against reference grades and makes no qualification claim.
The presentation will ask specialists to advise on a target specification and application and on appropriate characterization support. Zentek’s preliminary economic assessment models Albany 5N product at US$50,000 per tonne, using nuclear-grade synthetic graphite as the closest observable price analogue. The assessment includes Inferred mineral resources considered too speculative geologically to be categorized as mineral reserves, and Zentek says there is no certainty it will be realized. Qualification has not been achieved; the company’s stated objectives are to complete a pre-feasibility study and pursue qualification for nuclear applications.
Zentek Ltd. (ZTEKF) announced that Angela Lomets will join effective October 14, 2026, as non-executive Vice President, Commercialization – ZenGUARD. She will be responsible for sales and commercialization of ZenGUARD-enhanced products and report to the CEO. Morgan Knowles was engaged effective October 1, 2026, to assume responsibility for investor relations and capital-markets communications.
Ryan Shacklock, Senior Vice President, Strategy and Business Development, will depart effective October 5, 2026. CEO Mohammed (Moe) Jiwan said Canadian regulatory barriers for ZenGUARD have been addressed, the preliminary economic assessment technical report has been filed, and preparations for a potential prefeasibility study are underway. He said the company is increasingly focused on shaping its capital strategy.
Zentek Ltd. (ZTEKF) announced that it shipped its first order of ZenGUARD™ Enhanced Air Filters to a federal facility under a Government of Canada standing offer. The offer covers HVAC filtration products for federal facilities in the National Capital Region through August 18, 2027, and has a maximum published value of CAD $348,666.84. Call-ups are issued as requirements arise; the offer guarantees no revenue and sets no minimum orders or purchase volume.
National Research Council of Canada testing reported nearly fivefold improvement in aerosol filtration versus an untreated filter, with no impact on airflow or increase in pressure drop. In a three-month school pilot, fan energy was estimated to be 22% lower than with the standard MERV 13 filters replaced. Zentek says results vary by building, climate and HVAC system, and that references to federal policies do not imply government endorsement.
Zentek Ltd. (ZTEKF) filed an NI 43-101 Preliminary Economic Assessment (PEA) for its Albany Graphite Project, estimating after-tax NPV of US$3.854 billion at a 5% discount rate, a 27.4% after-tax IRR and a 4.4-year discounted payback. The study estimates initial capital of US$817.0 million, approximately US$2.063 billion in total project capital and approximately US$6.666 billion in life-of-project operating expenditures. Its model uses a weighted average product price of US$23,485 per tonne.
The PEA models nominal finished graphite production of 30,000 tonnes per year over a 30-year production period within a 35-year project life. Micon recommends advancing to a Pre-Feasibility Study; no construction decision has been made. The PEA is preliminary, includes inferred resources and states there is no certainty it will be realized. Purification performance and product specifications are based on bench-scale testwork and have not been validated at continuous commercial scale or through customer qualification; no permit application has been submitted. Micon's preliminary PFS budget totals US$10,437,500, subject to Zentek securing funding, obtaining approvals and agreements, and receiving Board approval.
Zentek Ltd. (ZTEKF) has been pre-qualified under the Government of Canada's Defence Drone Initiative Marketplace and issued Supply Arrangement CW2467305, effective from August 26, 2026 to July 31, 2031, with the Defence Investment Agency as authority and sole identified user on behalf of the Department of National Defence.
The pre-qualification allows Zentek to respond to task solicitations under the Marketplace during the term but a Supply Arrangement is not a contract and carries no committed value. Zentek highlights that its ZEN-EMI-01 EMI shielding coating remains at the laboratory stage, with no defence testing, qualification, customer agreements or certainty of material benefit.
Zentek Ltd. (ZTEK) provides a corporate update covering research coverage, government procurement progress, and Albany graphite technical results. Atrium Research Corporation has begun sponsored research coverage on Zentek; the company notes it did not prepare the report and does not endorse Atrium’s rating, target, or conclusions.
Zentek has received its first orders for ZenGUARD™ enhanced HVAC air filters under a Government of Canada standing offer running to August 18, 2027, although the arrangement sets no minimum orders or purchase volume. The company also reports bench-scale purification of Albany graphite via a halogen-free fluidized bed reactor, producing certified 4N to 5N grades with a maximum measured purity of 99.99985 wt.% carbon and an average of 99.9995 wt.% carbon across three samples, improving on earlier 99.9992% results. These grades underpin the product specifications in the Albany Graphite Project Preliminary Economic Assessment, which describes a US$3.85 billion after-tax net present value based on selling specialized graphite products into nuclear and defence markets, while remaining preliminary in nature and subject to NI 43-101 cautions.