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Zentek Surges 24% as ZenGuard Filters Added to Federal List For Direct Procurement

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Zentek (ZEN.V), up 24% on last look, on Wednesday said its ZenGUARD air filters have been added to the federal government's Pathway to Commercialization (PTC) source list.

The listing establishes Zentek as an exclusive supplier within the PTC framework to the Canadian government for three years, during which time any federal department or agency may purchase ZenGUARD directly from the company. The milestone is the culmination of a multi-year collaboration between Zentek, ISC, and the National Research Council of Canada.

Inclusion on the PTC source list does not guarantee orders or contracts, a statement said.

Zentek shares were last seen up $0.28 to $1.45, on the TSX Venture Exchange.

Price: $1.43, Change: $+0.26, Percent Change: +22.22%

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