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ZEN Graphene Solutions Submits Information to Health Canada and Provides Corporate Update
GUELPH, ON / ACCESSWIRE / April 13, 2021 / ZEN Graphene Solutions Ltd. (" ZEN " or the " Com...
About this update from Zentek Ltd.
[{"type":"text","content":"ZEN Graphene Solutions Submits Information to Health Canada and Provides Corporate UpdateGUELPH, ON / ACCESSWIRE / April 13, 2021 / ZEN Graphene Solutions Ltd. (\"ZEN\" or the \"Company\") (TSX.V:ZEN)(OTC PINK:ZENYF), a Canadian, next-gen nanomaterials technology company, is pleased to provide an update on the following:Health Canada (HC) Submission - Additional information requested by Health Canada following the April 2 advisory has been submitted by ZEN and Trebor RX Corp (Trebor)Branding - Trademark application has been submitted and ZEN will begin branding and marketing of its proprietary antimicrobial graphene-based coating under the brand name ‘ZENGuard'™Safety Testing - Final results received from Nucro-Technics on skin irritation and sensitivity confirmed ZENGuard™ did not lead to any irritation or sensitivityZENGuardtm Production - ZEN remains committed to previously disclosed timeline and capacity estimates; Senior Chemical Engineer hired as Plant Manager overseeing capacity ramp-up and ongoing ZENGuard™ productionFinancing -ZEN's completed non-brokered private placement; current liquidity of approximately $5.3 millionGrant of Stock Options - 100,000 options issued to employees and consultants at an exercise price of $1.76 per shareGreg Fenton, ZEN CEO commented: \"ZEN and Trebor have submitted the additional information requested by Health Canada and are fully committed to working diligently and collaboratively to ensure ZENGuard™ enhanced personal protective equipment (PPE) can make its way to those who need it most as quickly as possible. Part of this submission was our most recent results from Nucro-Technics, which were not a requirement under ASTM requirements to bring ZENGuard enhanced PPE to market, but something we proactively undertook to provide additional confidence to those using our technology, demonstrating our unwavering commitment to safety and third-party validation.'\"The need for safe, innovative technologies to provide additional protection from airborne pathogens is undeniable - and we are fully committed to our ZENGuard™ production plans to ensure we can deliver for those most at risk.\" added Mr. Fenton.Health Canada SubmissionZEN and Trebor are aligned with HC's steps to protect the public from substandard products, are highly confident in the safety an...