|June 04, 2013|
Zimtu Capital Corp. Announces Appointment of Officer; Private Sale of Shares
|Zimtu Capital Corp. (TSXv: ZC; FSE: ZCT1) (the "Company" or "Zimtu") is pleased to announce that, Ms. Jody Bellefleur has been appointed Chief Financial Officer ("CFO") for the Company. She will be responsible for all regulatory financial reporting including preparation of quarterly financial statement and management discussion and analysis. Ms. Bellefleur serves as the Chief Financial Officer for several other reporting Issuers. Ms. Bellefleur is a CGA with over 15 years' experience as a corporate accountant. She was an accountant with a private manufacturing company for 12 years and more recently, has worked independently as an accountant for various publicly listed mineral exploration companies. She has been a Member of the Certified General Accountants Association of British Columbia since 1998. Ms. Bellefleur is a graduate of the University of British Columbia with a Bachelor of Commerce degree, specializing in Accounting. |
In addition, Zimtu has agreed to sell 3,050,000 common shares of Pasinex Resources Limited ("Pasinex") in private transactions to a director and to an insider of Pasinex. Zimtu currently owns 23% of the issued and outstanding shares of Pasinex. Upon closing of the private sale, Zimtu will own approximately 17% of the issued and outstanding capital of Pasinex.
For further information on Pasinex Resources Limited, visit www.pasinex.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.
President & Director
Phone: (604) 681 1568
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.
FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. Forward looking statements in this press release include that the private sale of shares will occur. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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