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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
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News Releases

 April 04, 2014
Zimtu Capital Corp. Announces $2 Million Private Placement

 NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

April 4, 2014 - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) (the "Company" or "Zimtu") is pleased to announce that it has engaged Secutor Capital Management Corporation (the "Agent") to act as lead agent in connection with a private placement of up to 4,000,000 units ("Units") at $0.50 per Unit for gross proceeds of up to $2,000,000.

Each Unit will consist of one common share and one warrant. Each share purchase warrant (a "Warrant") will be exercisable into one common share of the Company for a period of 24 months from closing at a price of $0.75 per common share. The Warrants will be subject to an acceleration clause.

On closing, the Company will grant to the Agent an over-allotment option to increase the size of the offering by 20% of the Units that are purchased under the private placement. The option is exercisable in whole or in part for a period of 30 days from closing on the same terms as set forth above solely to cover over-allotment.

The Company will pay to the Agent a cash commission of 8% of the gross sales of Units and issue to the Agent 8% of the number of Units sold in Broker Warrants, with each Broker Warrant being exercisable into Warrant Shares at a price of $0.50 per Warrant Share for a period of 24 months from closing.

All the securities issuable will be subject to a four-month hold period from the date of closing. The private placement is subject to the acceptance of the TSX Venture Exchange.

The proceeds of the private placement will be used for prospect generation, company building and general working capital.

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

Zimtu Capital trades on the TSX Venture Exchange under the symbol "ZC" and the Frankfurt Stock Exchange under the symbol "ZCT1". For more information please visit the corporate website at http://www.zimtu.com or contact:

Matt Sroka
Corporate Communications
Tel: 604.681.1568
Email: matt@zimtu.com

On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.

"David Hodge"
David Hodge
President & Director
Phone: 604.681.1568

Neither the 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 that the company will successfully raise $2 million dollars; agents' commissions will be payable; securities will be issuable; and any other future event related to this proposed financing.

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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