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Zenyatta Ventures Ltd
Symbol C : ZEN
Shares Issued 64,909,054
Close 2018-10-12 C$ 0.415
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Zenyatta to begin research with German Aerospace Center

2018-10-15 09:19 ET - News Release

Dr. Francis Dube reports

ZENYATTA ANNOUNCES NEW RESEARCH COLLABORATION ON GRAPHENE COMPOSITES WITH GERMAN AEROSPACE CENTER

Zenyatta Ventures Ltd. will be commencing a new research collaboration with the University of British Columbia (Okanagan campus) and the Deutsches Zentrum fur Luft-und Raumfahrt (DLR, the German Aerospace Center) to investigate the potential use of Albany graphite for graphene and graphene oxide in new composite materials. The composite development project will be led by Dr. Lukas Bichler.

"UBC researchers have established a partnership with DLR, which seeks to provide unique educational and research opportunities for future engineers. Also, the partners bring together Canadian and European industry partners and allow effective technology transfer and rapid innovation," said Dr. Bichler. "A partnership with Zenyatta, DLR and UBC researchers is truly a very exciting opportunity to lead in the development of the next-generation composite materials."

Separately, Zenyatta will also be working with UBC on a graphene oxide fuel additive. Research has found that graphene oxide can improve fuel economy by 7.5 per cent and potentially reduce emissions by 8 per cent while increasing power by 10 per cent. Dr. Sina Kheirkhah, a combustion engineer, will be the lead researcher for the fuel additive project.

Dr. Kheirkhah commented: "Graphene oxide is a carbon- and oxygen-rich nanomaterial which can potentially increase the combustion rate when added to jet fuel. Graphene doping also has the potential to boost aircraft propulsive force and increase the power of land-based gas turbines."

Dr. Francis Dube, Zenyatta's co-chief executive officer and head of business development and technology, said: "This model of collaboration between Zenyatta, potential end-users, like DLR, matched with research partners, like Dr. Bichler, can lead to exciting new inventions. It is a model that we will endeavour to repeat with other end-users and university researchers."

The German Aerospace Center (DLR) is the national aeronautics and space research centre of the Federal Republic of Germany. Its extensive research and development work in aeronautics, space, energy, transport, digitalization and security is integrated into national and international co-operative ventures. In addition to its own research, as Germany's space agency, DLR has been given responsibility by the federal government for the planning and implementation of the German space program. DLR is also the umbrella organization for one of Germany's largest project management agencies. DLR has approximately 8,000 employees at 20 locations in Germany and has offices in Brussels, Paris, Tokyo and Washington.

Zenyatta and its research partners will continue with innovative product development work to potentially create value for shareholders through intellectual-property-protected inventions. Zenyatta also intends to work with other leading industrial partners to co-develop intellectual property. One of the important goals of the company is to become an intellectual property incubator where it can participate in intellectual property creation across multiple industry sectors.

Peter Wood, PEng, PGeo, president and chief operating officer of Zenyatta, is the qualified person for the purposes of National Instrument 43-101 and has reviewed, prepared and supervised the preparation of the technical information contained in this news release.

About Zenyatta Ventures Ltd.

Zenyatta's Albany graphite project hosts a large and unique quality deposit of highly crystalline graphite. Independent labs in Japan, the United Kingdom, Israel, the United States and Canada have demonstrated that Zenyatta's Albany graphite/Naturally Pure graphite easily converts (exfoliates) to graphene using a variety of simple mechanical and chemical methods. The deposit is located in Northern Ontario just 30 kilometres north of the Trans-Canada Highway, near the communities of Constance Lake First Nation and Hearst. Important nearby infrastructure include hydro power, a natural gas pipeline, a rail line 50 kilometres away and an all-weather road just 10 kilometres from the deposit.

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