Zentek Receives CRA Notice of Reassessment for 2019

Core Points - Zentek Ltd. has received a notice of reassessment from the Canada Revenue Agency regarding its 2019 financial year related to the Flow-Through Financings [1] - The Flow-Through Financings were completed on December 21, 2018, and December 20, 2019, with aggregate gross proceeds of $4,210,000 [1] Financial Impact - The reassessment pertains to the Canadian exploration expenses renunciations for the years 2018 and 2019 [1]