ZEN Zentek Ltd

Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN)(OTCQX:ZENYF)
is pleased to announce the appointment of Tadashi Yamashita to the position of
Consultant - Market Development with responsibility for advancing marketing of
the unique Albany high purity graphite material throughout Asia. Mr. Yamashita
will be based in Tokyo, Japan and work closely with Zenyatta's VP Market
Development, Dr. Bharat Chahar. 


Mr. Tadashi Yamashita is a chemical engineer with more than 35 years of carbon
research and development experience with Mitsui Chemicals and ConocoPhillips
based in Tokyo, Japan and New York, USA. Tadashi obtained a Masters Degree
(Chemical Engineering) from Tokyo Institute of Technology.


Dr. Chahar stated, "I am delighted to have Mr. Yamashita join the ZEN team. We
worked closely together at ConocoPhillips to successfully bring the CPREME(R)
Graphite Materials to customers globally. Tadashi possesses a strong technology
background and a broad business network, especially in Japanese industrial
materials. He will be invaluable to Zenyatta as we advance our ultra-high purity
carbon product for potential use in high-tech applications and will be
instrumental during ongoing discussions with end users in Asia. Mr. Yamashita
and I will continue discussions with interested parties and develop new
relationships with downstream companies to create awareness of the ultra-high
purity material while the graphite deposit is being developed."  


Mr. Yamashita commented, "Asia and specifically Japanese companies are keenly
interested in high quality and secure supplies of natural resources sourced from
stable political jurisdictions like Canada. I recognize that Zenyatta has
discovered a special and large resource with excellent potential for high value
carbon applications. I am very excited to be working with Bharat again and to be
part of the ZEN team to help bring this unique graphite product to the Asian
market."


From 2003 to 2013 Mr. Yamashita worked with Dr. Chahar on marketing and business
development of CPREME(R) Graphite Materials at ConocoPhillips and Phillips 66.
They led the creation and development of this new business to produce and supply
graphite anode material for Lithium-ion batteries. At the time, CPREME(R)
graphite was the largest North American based supplier of anode materials for
Lithium-ion batteries with customers across the three major continents - North
America, Europe and Asia. They were responsible for strategic direction for
marketing, sales, research and development.


The CPREME(R) graphite anode material was considered the benchmark by leading
manufacturers in the Lithium-ion batteries for high power batteries such as
those needed for the automotive market. The CPREME(R) graphite business was able
to achieve the premier status in the industry despite the fact that the
Lithium-ion battery manufacturers and their suppliers were largely based in Asia
and ConocoPhillips had no market presence until 2006. 


From 2001 to 2003 Tadashi was President for Conoco Carbon Fibers (Japan) which
was a subsidiary of ConocoPhillips. This position focused on Conoco's efforts to
develop new carbon fibre products and manage development of heavy oil upgrading
technologies. In this assignment, he was responsible for developing and
implementing strategy for growing Conoco's new carbon fiber product portfolio
and extending carbon capabilities.


From 1985 to 2001 Mr. Yamashita was General Manager for Mitsui Chemicals based
in New York and Tokyo. He managed various new chemical products development as
part of the Advanced Composite Material Division. More recently, Tadashi was
responsible for sales & marketing of Separator and Electrolyte solution of
Lithium-ion batteries and energy related materials. 


The world trend is to develop products for technological applications that need
extraordinary performance using ultra-high purity graphite powder at an
affordable cost. High purity is gaining prominence at a time when Zenyatta
discovered a very rare (hydrothermal) graphite deposit, which can be upgraded to
99.99% carbon with very good crystallinity without the use of aggressive acids
and high thermal treatment. 


Zenyatta continues to develop the unique Albany (Hydrothermal) Graphite Deposit
located in northeastern Ontario, Canada. The Company's graphite deposit is
located 30 km north of the Trans-Canada Highway, power line and natural gas
pipeline near the communities of Constance Lake First Nation and Hearst. A rail
line is located 70 km away with an all-weather road approximately 4-5 km from
the graphite deposit. 


The outlook for the global graphite market is very promising with demand growing
rapidly from new applications. Graphite is now considered one of the more
strategic elements by many leading industrial nations, particularly for its
growing importance in high technology manufacturing and in the emerging "green"
industries such as electric vehicle components. The application for graphitic
material is constantly evolving due to its unique chemical, electrical and
thermal properties. It maintains its stability and strength under temperatures
in excess of 3,300 degrees C and is very resistant to chemical corrosion. It is
also one of the lightest of all reinforcing elements and has high natural
lubricating abilities. Some of these key physical and chemical properties make
it critical to modern industry.


Mr. Aubrey Eveleigh, P.Geo., Zenyatta's President and CEO, is the "Qualified
Person" under National Instrument 43-101 and has reviewed and approved the
technical information contained in this news release. 


Neither 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. This news release may contain
forward looking information and Zenyatta cautions readers that forward looking
information is based on certain assumptions and risk factors exist that could
cause actual results to differ materially from the expectations of Zenyatta
included in this news release. This news release includes certain
"forward-looking statements", which often, but not always, can be identified by
the use of words such as "believes", "anticipates", "expects", "estimates",
"may", "could", "would", "will", or "plan". These statements are based on
information currently available to Zenyatta and Zenyatta provides no assurance
that actual results will meet management's expectations. Forward-looking
statements include estimates and statements with respect to Zenyatta's future
plans, objectives or goals, to the effect that Zenyatta or management expects a
stated condition or result to occur, including the expected timing for release
of sample analyses and a resource estimate, the expected uses for graphite in
the future, and the future uses of the graphite from Zenyatta's Albany deposit.
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 Zenyatta's
mineral properties, and Zenyatta'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 Zenyatta's activities; and other matters discussed in this
news release and in filings made with securities regulators. This list is not
exhaustive of the factors that may affect any of Zenyatta's forward-looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on Zenyatta's forward-looking statements.
Zenyatta does not undertake to update any forward-looking statement that may be
made from time to time by Zenyatta 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

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