Zentek Ltd. (TSX.V: ZEN)
Zentek are covered by this site because they have presented to us in London in the past.
Today I have become aware of an accusation against the company on another website, which is quite serious. I am trying to establish if the accusation is valid, so until I can do that I am suspending coverage of Zentek on this website. […]
|Zen Graphene||TSX.v : ZEN|
|Market cap||C$326 m @ C$3.29c|
Zentek Ltd. – Suspension of coverage
Zentek Ltd. (TSX.V: ZEN) are covered by this site because they have presented to us in London in the past, and the site is a reference point for those investors to follow the company’s news in the future.
Today I have become aware of an accusation against the company on another website, which is quite serious. I am not going to publish it here as it is unsubstantiated at the moment.
I am trying to establish if the accusation is valid, so until I can do that, I am suspending coverage of Zentek on this website. I think everyone will agree that is the correct and responsible thing to do in the circumstances.
I have emailed Sandra Lombardo at Zentek, and the source of the accusation, asking for their comments.
As Zentek are applying to join the NASDAQ this will have to be resolved quickly in my view.
Looking at today’s trading so far 17:40 UK time (09.03.22) the stock is not showing signs of a sell off, so either the article has not been distributed in Canada, or people are not aware of it, or they simply don’t believe it.
Once I have solid information I will update this site, but will not be reporting Zentec’s news in the meantime.
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