|August 27, 2008|
Grant of Stock Options
|August 27, 2008 - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT) ("the Company") announces that it has granted a total of 11,600,000 incentive stock options to directors, officers, employees and consultants. Each incentive stock option is exercisable into one common share of the Company until August 27, 2013. Of the options, 8,700,000 are exercisable at a price of $0.15 per share and the remaining 2,000,000 are exercisable at a price of $0.12 per share.|
On Behalf of the Board of Directors
President and Director
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.
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