|September 03, 2008|
|September 3, 2008 - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT) ("the Company"), a TSX Venture listed investment issuer, has, on September 3, 2008, acquired ownership of 80,000 common shares of Triple Dragon Resources Inc. ("Triple Dragon"). As a result of this transaction, Zimtu holds 75.61% of the issued and outstanding common shares of Triple Dragon.|
The common shares were acquired by Zimtu through the facilities of the CNQ at a price of $0.35 per share. The common shares were acquired for investment purposes and Zimtu may from time to time acquire more securities of Triple Dragon, dispose of some or all of the securities that it holds of Triple Dragon or continue to hold its share position. A report regarding this acquisition has been filed on SEDAR with the applicable securities commissions.
On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.
The TSX Venture Exchange Inc. does not accept responsibility for the accuracy or adequacy of this news release.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
You can view the Next News Releases item: Fri Oct 17, 2008, Payment of Special Warrant Dividend Complete
You can view the Previous News Releases item: Wed Aug 27, 2008, Grant of Stock Options
You can return to the main News Releases page, or press the Back button on your browser.