Zentek Approved for Trading on the OTCQX Best Market

Common shares to trade in the U.S. under new ticker ZTEKF beginning September 2, 2026

Guelph, Ontario--(Newsfile Corp. - September 1, 2026) - Zentek Ltd. (TSXV: ZEN) (OTCQX: ZTEKF) ("Zentek" or the "Company") today announces, further to its news releases dated August 28, 2026, and August 31, 2026, that its common shares have been approved for trading on the OTCQX Best Market, the highest tier of the OTC Markets, and will begin trading under the symbol "ZTEKF" at the open of trading on Wednesday, September 2, 2026. Trading of the Company's common shares on The Nasdaq Capital Market is expected to be suspended at the open of trading on the same date. The Company intends to request a hearing to appeal the Nasdaq delisting determination, which will not stay the suspension of trading.

The Company's common shares continue to trade on the TSX Venture Exchange under the symbol ZEN. The TSX Venture Exchange is the Company's primary listing and is unaffected. Shareholders are not required to take any action.

The transition of trading onto the OTCQX Best Market is not expected to result in material impacts to Zentek's business or operations. 

About Zentek

Zentek Ltd. is a Canadian intellectual property development and commercialization company advancing a portfolio of graphene-enabled and advanced material technologies across clean air, next-generation materials, and critical minerals. Core platforms are Albany Graphite, ZenGUARD™, and Triera. Albany is the Company's principal critical minerals asset.

For more information:

Mohammed (Moe) Jiwan
Chief Executive Officer, Zentek Ltd.
T: 437-826-3779
E: [e-mail]
www.zentek.com

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking information"). Forward-looking information includes statements that are not historical fact and is often, but not always, identified by words such as "expects", "anticipates", "intends", "plans", "will", "may" and similar expressions.

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