ZEN Zentek Ltd

Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN) is pleased to
announce that it has applied to the TSX Venture Exchange to extend the terms of
12,794,000 common share purchase warrants issued or reserved for issuance prior
to the Company's IPO in December 2010 (collectively, the "Warrants"). Each
Warrant entitles the holder to acquire one share for $1.00 expiring on December
23, 2012. Pursuant to the proposed amendment, the Warrants will be extended for
a period of six months and will expire on June 23, 2013. The extension was
requested based on an initial delay in starting our exploration program after
the IPO and is subject to regulatory approval.


To find out more on Zenyatta Ventures Ltd., please visit our website,
www.zenyatta.ca.


This News Release includes certain "forward-looking statements". These
statements are based on information currently available to the Company and the
Company provides no assurance that actual results will meet management's
expectations. Forward-looking statements include estimates and statements that
describe the Company's future plans, objectives or goals, including words to the
effect that the Company or management expects a stated condition or result to
occur. Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", "should"
or "plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, results of
exploration, project development, reclamation and capital costs of the Company's
mineral properties, and the Company's financial condition and prospects, could
differ materially from those currently anticipated in such statements for many
reasons such as: changes in general economic conditions and conditions in the
financial markets; changes in demand and prices for minerals; litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological and operational difficulties encountered
in connection with the activities of the Company; and other matters discussed in
this news release. This list is not exhaustive of the factors that may affect
any of the Company's forward-looking statements. These and other factors should
be considered carefully and readers should not place undue reliance on the
Company's forward-looking statements. The Company does not undertake to update
any forward-looking statement that may be made from time to time by the Company
or on its behalf, except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zenyatta Ventures Ltd.
807-346-1660
info@zenyatta.ca
www.zenyatta.ca

Zentek (TSXV:ZEN)
Historical Stock Chart
From Dec 2024 to Jan 2025

Zentek (TSXV:ZEN)
Historical Stock Chart
From Jan 2024 to Jan 2025