Triera Biosciences - a Zentek Company - Launches Contract Research Organization Services for Custom Aptamer Discovery, Biosensor Enablement, and Machine-Learning Classification ELEMENT-- Back to the Newsroom Triera Biosciences - a Zentek Company - Launches Contract Research Organization Services for Custom Aptamer Discovery, Biosensor Enablement, and Machine-Learning Classification Backed by an Exclusive 20-Year McMaster University License, Triera Targets High-Priority Infectious Disease and Oncology Detect ...

Core Viewpoint - Zentek Ltd. has received a favorable judgment from the Ontario Superior Court, dismissing claims originally exceeding $6 million against the company, which marks a significant legal victory for Zentek [1]. Background - The litigation stemmed from the removal of Aubrey Eveleigh, the company's founder and former CEO, by shareholders during a special meeting on May 11, 2018 [1]. - Two companion actions were tried together in court, focusing on claims made by Mr. Eveleigh and his consulting firm [1]. Outcome - The court dismissed nearly all claims made by Mr. Eveleigh, including: - A Success Fee claim of $282,500, denied due to the lack of a pre-feasibility study [1]. - Severance claims totaling $1,350,000, found void and unenforceable due to breaches of fiduciary duty [1]. - Unpaid wages of $51,748.82, denied [1]. - Defamation damages of $75,000, denied as the statements were deemed factually accurate [1]. - Indemnification claims of approximately $194,000, denied [1]. - Zentek's claim for the cancellation of 4.5 million founder shares was upheld, with the court confirming the shares were properly issued [1]. CEO Comment - The CEO of Zentek, Moe Jiwan, stated that the judgment concludes a significant chapter in the company's history and emphasized the importance of focusing on execution in various projects moving forward [1]. Company Overview - Zentek Ltd. is a Canadian intellectual property development and commercialization company that focuses on graphene-enabled and advanced material technologies, particularly in clean air, next-generation materials, and critical minerals [1].

Core Insights - Zentek Ltd. provided an update on its activities at the PDAC 2026 Convention, focusing on government and First Nations engagement regarding the Albany Graphite Project [1] Government Engagement - The company participated in the TSX Canadian Mining Roundtable on March 2, 2026, discussing Canada's critical minerals strategy and the importance of domestic projects for NATO-aligned supply chains [1] - Albany Graphite's nuclear-grade purity and its location in Northern Ontario were highlighted during discussions with federal government representatives and Invest Ontario [1] - The company is advancing Albany's positioning within federal and provincial critical minerals funding frameworks, consistent with its government engagement strategy outlined in a previous news release [1] First Nations Engagement - Zentek attended a working session hosted by the Chiefs of Ontario, focusing on Indigenous consultation frameworks for mineral development in Ontario [1] - A working session with Constance Lake First Nation (CLFN) was held to advance collaboration, as the company prepares for environmental baseline studies and a new Preliminary Economic Assessment [1] - An existing implementation agreement with CLFN outlines governance, roles, responsibilities, and a framework for future project partnership [1] Albany Graphite Project - The Albany Graphite Project is located in Northern Ontario and is held through the company's subsidiary Albany Graphite Corp [1] - Independent testing confirmed Albany graphite achieves ultra-high purity of 99.9992% with a boron concentration of 2.60 ppm, suitable for nuclear-grade applications and lithium-ion battery anodes [1] - The project aims to become a North American source of critical-grade graphite for nuclear, battery, and defense supply chains [1] Company Overview - Zentek Ltd. is focused on developing and commercializing graphene-enabled and advanced material technologies across clean air, next-generation materials, and critical minerals [1] - The company's core platforms include Albany Graphite, ZenGUARD™, and Triera [1]

Core Viewpoint - Zentek Ltd. has initiated a pilot evaluation program with Quality Filters Inc. to assess the integration of its proprietary air filtration media technology into Quality's commercial product lines [1] Company Summary - Zentek Ltd. is focused on developing advanced air filtration technologies [1] - Quality Filters Inc. is a U.S.-based manufacturer specializing in HVAC and industrial air filtration products [1] Industry Summary - The collaboration aims to enhance the air filtration capabilities within the HVAC sector, which is critical for improving indoor air quality [1]

Core Viewpoint - Albany Graphite is strategically positioned at the intersection of NATO, federal, and provincial critical minerals mandates, and is accelerating its path toward a Pre-Feasibility Study for the Albany Graphite Project [1] Group 1 - The company is actively engaging with government entities to enhance its strategic positioning [1] - The Albany Graphite Project is a key focus for the company as it moves towards completing a Pre-Feasibility Study [1]

Core Viewpoint - Zentek Ltd. has been granted a 180-day extension by Nasdaq to comply with the minimum bid price requirement of $1.00 for continued listing on the exchange [1]. Group 1 - The extension follows the expiration of the initial 180-day period to regain compliance, which ended on February 23, 2026 [1].

Core Viewpoint - Zentek Ltd. is outlining its strategy focused on transforming its operating model, derisking the Albany Graphite Project, and implementing a disciplined capital allocation approach to support sustainable value creation over time [1] Group 1: Strategy Overview - The company is emphasizing the transformation of its operating model as a key component of its strategy [1] - Near-term derisking steps for the Albany Graphite Project are being prioritized to mitigate potential risks [1] - A disciplined approach to capital allocation is intended to foster sustainable value creation over time [1] Group 2: Engagement with Health Canada - The company is providing updates on its ongoing discussions with Health Canada, indicating a proactive approach in regulatory matters [1]

Core Insights - Zentek Ltd. has announced a strategic reset aimed at capital discipline, sharper execution, and focusing on a smaller number of core platforms with clear paths to value creation [1][4] Strategic Focus - The company will narrow its focus to three core platforms: Albany Graphite, ZenGUARD, and Triera, each with defined milestones and a 24-month roadmap [2] - Non-core initiatives are being paused or wound down to preserve capital and management focus [2] Cost Management - Actions are underway to reduce the company's cost base, including workforce and facility optimization, tighter controls on corporate spending, and a disciplined approach to capital allocation [3] - Future capital raises will be linked to specific milestones rather than open-ended development programs [3] Leadership Changes - The Chief Science Officer, Colin van der Kuur, has departed, and responsibilities have been redistributed among the existing technical leadership team [3] Commitment to Shareholder Value - The CEO emphasized that the reset is about protecting and rebuilding shareholder value, with confidence in the technical expertise and operating team to execute priorities [4] - The company will align its research and development efforts to support the three core platforms and implement new standards for transparency and reporting [4]

Core Insights - Zentek Ltd. has announced that its subsidiary, Albany Graphite Corp., achieved near theoretical anode performance in independent lithium-ion battery testing using ultrahigh purity Albany graphite [1] Company Summary - Zentek Ltd. operates in the lithium-ion battery sector through its subsidiary, Albany Graphite Corp., focusing on high-performance materials [1] - The achievement of near theoretical anode performance indicates significant advancements in the company's product capabilities, potentially enhancing its competitive position in the battery materials market [1]

Group 1 - Zentek Ltd. has appointed Mohammed (Moe) Jiwan as the new Chief Executive Officer and a director, effective December 1, 2025 [1]