Zentek Announces First Direct Orders Under Its Medical Device Establishment License

Rhea-AI Summary

Zentek Ltd. (TSX-V: ZEN and OTC: ZENYF) has commenced receiving direct retail orders for its ZENGuard-enhanced surgical masks following the issuance of its Medical Device Establishment License (MDEL) by Health Canada. The MDEL enables Zentek to produce and sell Class I personal protective equipment (PPE) in Canada, alongside supplying Trebor Rx Corp. with ZENGuard quantities. The CEO highlighted growing public interest in enhanced PPE due to increased awareness of infection control, presenting a potential growth opportunity for the company's innovative products.

Positive

• Commencement of direct retail orders for ZENGuard-enhanced surgical masks.
• Issuance of Medical Device Establishment License (MDEL) allows production and sale of Class I PPE in Canada.
• Partnership with Trebor Rx Corp. for supply of ZENGuard quantities enhances market reach.
• Growing public interest in innovative PPE products presents market growth opportunities.

Negative

• None.

GUELPH, ON / ACCESSWIRE / January 11, 2022 / Zentek Ltd. ("ZEN" or the "Company") (TSX-V:ZEN and OTC:ZENYF), a Canadian IP development and commercialization company focused on next-gen healthcare solutions, is pleased to announce that it has commenced receiving direct retail orders for ZENGuard™-enhanced surgical masks under its Medical Device Establishment License ("MDEL") recently issued by Health Canada, further to the Company's press release dated November 29, 2021.

As previously announced, the MDEL allows the Company to produce and sell its own Class I personal protective equipment ("PPE") products in Canada, which are coated with ZENGuard™ antimicrobial coating, in addition to supplying its Canadian partner Trebor Rx Corp. ("Trebor") with ZENGuard™ quantities for application on Trebor's products. The MDEL allows the Company to source and work with other manufacturers and distributors around the world in addition to Trebor to produce and sell directly Class I PPE products in the Canadian market.

Greg Fenton, CEO of ZEN, commented, "We believe this initial interest for ZENGuard™-enhanced surgical masks in the retail market highlights the importance the public continues to place on enhanced and innovative PPE products. The pandemic has greatly enhanced this trend and we expect our products to benefit from the heightened awareness of the importance of infection control not only in healthcare settings but by the general public as well."

About Zentek Ltd.

Zentek is a nanotechnology company developing and commercializing next-gen healthcare solutions in the areas of prevention, detection and treatment. Zentek is currently focused on commercializing ZENGuard™, a patent-pending coating shown to have 99% antimicrobial activity, including against COVID-19, and the potential to use similar compounds as products against infectious diseases. The company also has an exclusive agreement to be the global commercializing partner for a newly developed aptamer-based rapid pathogen detection technology.

For further information:

Matt Blazei
Tel: (212) 655-0924
Email: mattb@coreir.com

To find out more about Zentek Ltd., please visit our website at www.Zentek.com. A copy of this news release and all material documents in respect of the Company may be obtained on ZEN's SEDAR profile at www.sedar.com.

Forward-Looking Statements

This news release contains forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although Zentek believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Zentek disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Zentek Ltd.

View source version on accesswire.com:
https://www.accesswire.com/682045/Zentek-Announces-First-Direct-Orders-Under-Its-Medical-Device-Establishment-License

FAQ

What recent order announcements has Zentek Ltd. made regarding surgical masks?

Zentek Ltd. announced the receipt of direct retail orders for its ZENGuard-enhanced surgical masks, enabled by its Medical Device Establishment License from Health Canada.

What is the significance of the Medical Device Establishment License for Zentek Ltd.?

The Medical Device Establishment License allows Zentek to produce and directly sell Class I personal protective equipment in Canada, expanding its market capabilities.

How does the public's interest in PPE impact Zentek Ltd.'s business?

The increasing public interest in enhanced PPE due to heightened awareness of infection control is expected to benefit Zentek's product sales.

What is ZENGuard and its relevance to Zentek Ltd.?

ZENGuard is a patent-pending antimicrobial coating developed by Zentek, shown to have 99% antimicrobial activity, including against COVID-19, which is used on their surgical masks.

What is the role of Trebor Rx Corp. in Zentek Ltd.'s operations?

Trebor Rx Corp. is a partner of Zentek, receiving supplies of ZENGuard for application on its products, enhancing distribution capabilities.