Zimtu Cap Corp - ZTMUF STOCK NEWS

Zimtu Capital Corp. has entered into a one-year agreement with Interra Copper Corp., resulting in an immediate payment of $150,000 for the ZimtuADVANTAGE program. This program aims to enhance the public company experience for clients through various services including lead generation, digital marketing campaigns, and social media distribution. Zimtu is focused on providing valuable resources and support to facilitate the growth of its clients in the mining sector. Interra Copper, an exploration and development company, is engaged in advancing its strategic mining projects in Chile and British Columbia. The deal supports Zimtu's goal of achieving long-term capital appreciation for its shareholders as it collaborates with promising companies in the mining industry.

Zimtu Capital Corp. announced a non-brokered private placement offering of up to 18,750,000 units at $0.08 per unit, aiming for gross proceeds of $1,500,000. Each unit consists of one common share and a non-transferable share purchase warrant, allowing the purchase of additional shares at $0.10 for three years. The offering is set to close by April 12, 2023, subject to TSX Venture Exchange approval. Proceeds are primarily earmarked for investments in oil & gas and mineral exploration. The offering is available to existing shareholders as of March 13, 2023.

Zimtu Capital Corp. announced that its portfolio company, Eagle Bay Resources Corp., is set to begin trading under the symbol CSE: EBR following the Canadian Securities Exchange's conditional approval. The trading is scheduled to commence on March 15, 2023. Zimtu Capital holds 20,500,000 common shares of Eagle Bay, which currently has 52,854,526 common shares issued and outstanding. David Hodge, CEO of Eagle Bay, expressed enthusiasm about the listing, highlighting a robust portfolio of rare earth and niobium exploration properties amid growing industry activity.

Zimtu Capital Corp. has entered into an agreement with Strata Geodata Services Ltd. to sell six mineral claims in the Harrison Lake area for $20,000 cash and 100,000 shares from a private company. The Doctors Point claims will be sold in installments, with $5,000 due immediately and three quarterly payments of $5,000. The claims feature mineralization styles including gold and silver-hosting quartz veins. Historical drilling results indicate significant potential, showing grades of up to 361 gpt gold and 1,328 gpt silver. This transaction signifies Zimtu's ongoing strategy to leverage its mineral claims for shareholder value.