ZEN Zentek Ltd

Zenyatta Ventures Ltd. (TSX VENTURE:ZEN) ("Zenyatta" or "Company") announces
that the Motion for Injunction by Constance Lake First Nation ("CLFN") in
Ontario Superior Court on Friday April 29 was adjourned until Wednesday May 11
and is adjourned again until Friday May 20. In the meantime, the Judge has
ordered that CLFN, Zenyatta and Ontario ("Crown") carry on further consultation
while drilling continues on the current claim blocks. Discussions between
Zenyatta, CLFN and the Crown took place on May 5 and 6 and will continue this
week. Under the Court Order, Zenyatta can move a drill to another specified
claim block if it desires. The Court expects that CLFN will have completed its
archaeological report and traditional practice consultation respecting all sites
for Zenyatta's current exploration program by May 20. If the parties do not
reach a consensus in the interim, the Motion for an Interim Injunction will be
argued on Friday May 20 before Justice Lederman in Ontario Superior Court.


Zenyatta remains committed to on-going good faith dialogue with the Crown and
CLFN respecting the community's concerns but will defend its rights and
interests. The Company's Board and management are optimistic that an agreement
can be reached with CLFN. 


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


This news release may contain forward-looking statements and is subject to a
variety of risks and uncertainties that could cause actual events or results to
differ materially from those projected in the Company's forward-looking
statements and expectations. The forward-looking information contained herein is
given as of the date hereof and the Company assumes no responsibility to update
or revise such information to reflect new events or circumstances, except as
required by law.

Zentek (TSXV:ZEN)
Historical Stock Chart
From Jun 2024 to Jul 2024

Zentek (TSXV:ZEN)
Historical Stock Chart
From Jul 2023 to Jul 2024