News
News
Join our email list

Contact

Zimtu Capital Corp.

Suite 1450 - 789 West Pender St.
Vancouver, BC V6C 1H2
Phone: 604.681.1568
Fax: 604.681.8240
Toll Free: 1.877.377.6222
Show printable version of 'Zimtu Capital Corp. Announces Gold Property Transa...' in a New Window

News Releases

 February 02, 2010
Zimtu Capital Corp. Announces Gold Property Transaction

 February 2, 2010 - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) (the "Company" or "Zimtu") is pleased to announce that it has acted as one of the property vendors in Trivello Energy Corp.'s (TSXv: TRV) ("Trivello") acquisition of the Tom Mine Property, located approximately 20 kilometers northeast of Yellowknife, NWT.

For its participation in the Trivello transaction, the Company will receive 1,000,000 common shares and C$50,000 subject to the approval of the TSX Venture Exchange (the "Exchange"). The Vendors will retain a 2% Net Smelter Return ("NSR") royalty, 1% of which may be purchased by Trivello for C$1,000,000.

Zimtu continues to evaluate and acquire prospective resource properties to make available for sale or joint venture. As part of the Company's business, Zimtu provides mineral property advisory services and helps to connect companies with mineral properties of interest.

For additional information on our mineral property advisory services, and opportunities available, contact Ryan Fletcher, Corporate Development at 604.681.1568 or via email at rfletcher@zimtu.com.

About Zimtu Capital Corp.

Zimtu Capital Corp. is a TSX Venture listed investment company that invests in, creates, and grows natural resource companies thereby providing a way for investors to participate and profit in the public company building process. The Company also provides mineral property advisory services helping to connect companies to properties of interest.

On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.

"David Hodge"
David Hodge
President & Director
Phone: (604) 681 1568

For more information contact:
Kevin Bottomley
Shareholder Services
Phone: 604.681.1568
Email: info@zimtu.com
Website: http://www.zimtu.com


Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this 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. Forward-looking statements in this news release include Zimtu's receiving of shares and/or cash for its role as vendor or finder of certain mineral properties, Zimtu's evaluation and acquiring of properties for partnership and Zimtu's providing mineral property advisory services and assisting to connect companies with mineral properties of interest.

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: Thu Mar 4, 2010, Zimtu Capital Corp. Announces Rare Metal Property Transaction

You can view the Previous News Releases item: Sat Jan 30, 2010, Zimtu Capital Corp. Board of Directors

You can return to the main News Releases page, or press the Back button on your browser.