6-K - Zentek Ltd. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Zentek Ltd. engaged ICP Securities Inc. to provide automated market-making services for a four-month term starting April 1, 2026, aiming to support liquidity and orderly trading.

Key Takeaways

1Agreement with ICP Securities Inc. signed for automated market-making services using the proprietary ICP Premium® algorithm.

2Initial term is four months with automatic monthly renewal unless terminated with 30 days' written notice.

3ICP will receive a fixed monthly fee of C$7,500 plus applicable taxes with no performance factors or stock options.

4Engagement is subject to approval by the TSX Venture Exchange; ICP is an arm's length party to the Company.

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Transaction Details

Material Agreement

Agreement: Market Making Services Agreement
Parties: Zentek Ltd., ICP Securities Inc.

•Start date of April 1, 2026
•Initial Term of four (4) months
•Automatic renewal for subsequent one (1) month terms
•Termination requires at least thirty (30) days written notice
•Monthly fee of C$7,500 plus applicable taxes
•No performance factors contained in the agreement
•No stock options or other compensation provided
•Subject to approval by the TSX Venture Exchange

Exhibits (2)

6-K

FORM 6-K

99.1

EXHIBIT 99.1