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Zimtu Capital Corp. - Early Warning News Release

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Zimtu Capital Corp. (TSXv:ZC) has acquired 2,408,200 units of Sceptre Ventures Inc. through a private placement at $0.01 per unit. Each unit consists of one common share and one warrant, with warrants exercisable at $0.05 per share within 12 months.

Prior to this acquisition, Zimtu owned 3,993,100 Sceptre shares (33.25% ownership on fully diluted basis). Post-acquisition, Zimtu now holds 6,401,300 shares and 2,408,200 warrants, representing 26.65% ownership undiluted and 33.33% on a partially diluted basis.

The acquisition exceeded 2% of Sceptre's outstanding shares, triggering mandatory reporting requirements under National Instruments 62-103 and 62-104. Zimtu states the investment is for investment purposes only, and may adjust its position based on market conditions.

Zimtu Capital Corp. (TSXv:ZC) ha acquisito 2.408.200 unità di Sceptre Ventures Inc. tramite un collocamento privato a 0,01 $ per unità. Ogni unità è composta da un'azione comune e un warrant, con warrant esercitabili a 0,05 $ per azione entro 12 mesi.

Prima di questa acquisizione, Zimtu possedeva 3.993.100 azioni Sceptre (33,25% di possesso su base completamente diluita). Dopo l'acquisizione, Zimtu detiene ora 6.401.300 azioni e 2.408.200 warrant, rappresentando il 26,65% di possesso non diluito e il 33,33% su una base parzialmente diluita.

L'acquisizione ha superato il 2% delle azioni in circolazione di Sceptre, attivando requisiti di reporting obbligatori ai sensi degli National Instruments 62-103 e 62-104. Zimtu dichiara che l'investimento è solo a scopo di investimento e potrebbe modificare la propria posizione in base alle condizioni di mercato.

Zimtu Capital Corp. (TSXv:ZC) ha adquirido 2.408.200 unidades de Sceptre Ventures Inc. a través de una colocación privada a $0.01 por unidad. Cada unidad consiste en una acción común y una opción de compra, con opciones ejercitables a $0.05 por acción dentro de los 12 meses.

Antes de esta adquisición, Zimtu poseía 3.993.100 acciones de Sceptre (33.25% de propiedad en base totalmente diluida). Después de la adquisición, Zimtu ahora tiene 6.401.300 acciones y 2.408.200 opciones, representando el 26.65% de propiedad no diluida y el 33.33% en una base parcialmente diluida.

La adquisición superó el 2% de las acciones en circulación de Sceptre, activando requisitos de reporte obligatorios bajo los National Instruments 62-103 y 62-104. Zimtu declara que la inversión es solo con fines de inversión y puede ajustar su posición según las condiciones del mercado.

짐투 캐피탈 주식회사 (TSXv:ZC)는 프라이빗 플레이스먼트를 통해 스켑터 벤처스 주식회사(Sceptre Ventures Inc.)의 2,408,200 유닛을 유닛당 $0.01에 인수했습니다. 각 유닛은 하나의 보통주와 하나의 워런트로 구성되어 있으며, 워런트는 12개월 이내에 주당 $0.05에 행사할 수 있습니다.

이번 인수 이전에 짐투는 스켑터 주식 3,993,100주(완전히 희석된 기준으로 33.25% 소유권)를 보유하고 있었습니다. 인수 후 짐투는 현재 6,401,300주와 2,408,200개의 워런트를 보유하고 있으며, 이는 비희석 기준으로 26.65%의 소유권과 부분적으로 희석된 기준으로 33.33%를 나타냅니다.

이번 인수는 스켑터의 발행 주식의 2%를 초과하여, 국가 기준 62-103 및 62-104에 따라 의무 보고 요구 사항이 발생했습니다. 짐투는 이 투자가 오직 투자 목적이라고 밝히며, 시장 조건에 따라 자신의 포지션을 조정할 수 있다고 말했습니다.

Zimtu Capital Corp. (TSXv:ZC) a acquis 2.408.200 unités de Sceptre Ventures Inc. par le biais d'un placement privé à 0,01 $ par unité. Chaque unité se compose d'une action ordinaire et d'un bon de souscription, les bons étant exerçables à 0,05 $ par action dans les 12 mois.

Avant cette acquisition, Zimtu détenait 3.993.100 actions Sceptre (33,25 % de propriété sur une base entièrement diluée). Après l'acquisition, Zimtu détient désormais 6.401.300 actions et 2.408.200 bons de souscription, représentant 26,65 % de propriété non diluée et 33,33 % sur une base partiellement diluée.

L'acquisition a dépassé 2 % des actions en circulation de Sceptre, déclenchant des exigences de reporting obligatoires en vertu des instruments nationaux 62-103 et 62-104. Zimtu déclare que l'investissement est uniquement à des fins d'investissement et peut ajuster sa position en fonction des conditions du marché.

Zimtu Capital Corp. (TSXv:ZC) hat 2.408.200 Einheiten von Sceptre Ventures Inc. über eine Privatplatzierung zu einem Preis von 0,01 $ pro Einheit erworben. Jede Einheit besteht aus einer Stammaktie und einem Warrant, wobei die Warrants innerhalb von 12 Monaten zu einem Preis von 0,05 $ pro Aktie ausgeübt werden können.

Vor dieser Akquisition besaß Zimtu 3.993.100 Sceptre-Aktien (33,25% Eigentum auf vollständig verwässerter Basis). Nach der Akquisition hält Zimtu nun 6.401.300 Aktien und 2.408.200 Warrants, was 26,65% Eigentum unverdünnt und 33,33% auf teilweise verdünnter Basis entspricht.

Die Akquisition überstieg 2% der ausstehenden Aktien von Sceptre, was die Pflicht zur Berichterstattung gemäß den National Instruments 62-103 und 62-104 auslöste. Zimtu gibt an, dass die Investition nur zu Investitionszwecken erfolgt und die Position je nach Marktentwicklung angepasst werden kann.

Positive
  • Strategic increase in investment portfolio through acquisition of 2,408,200 units at favorable price of $0.01
  • Potential upside through warrant coverage at $0.05 exercise price
  • Maintains significant ownership position above 26% in Sceptre Ventures
Negative
  • Ownership percentage diluted from 33.25% to 26.65% on undiluted basis
  • Investment subject to market risks and price volatility

VANCOUVER, BC / ACCESS Newswire / April 1, 2025 / Zimtu Capital Corp. (TSXv:ZC)(FSE:ZCT1) ("Zimtu" or the "Company") announces that its has acquired 2,408,200 units (the "Units") of Sceptre Ventures Inc. ("Sceptre") at a price of $0.01 per Unit pursuant to a private placement offering undertaken by Sceptre (the "Offering"). The Units are comprised of 2,408,200 common shares and 2,408,200 share purchase warrants. Each warrant entitles the holder to purchase one additional share at a price of $0.05 per share within 12 months from the date of closing.

Prior to the closing of the Offering, Zimtu directly owned and controlled 3,993,100 common shares of Sceptre representing 33.25% of the issued and outstanding common shares of Sceptre on a fully diluted basis. Following closing of the Offering, Zimtu holds 6,401,300 common shares in the capital of Sceptre and 2,408,200 share purchase warrants, representing 26.65% of the issued and outstanding common shares of Sceptre, on an undiluted basis, and 33.33% of the issued and outstanding common shares of Sceptre on a partially diluted basis.

Zimtu acquired the Units for investment purposes only, and depending on market and other conditions, may from time to time in the future increase or decrease its ownership, control or direction over securities of Sceptre, through market transactions, private agreements or otherwise.

This acquisition by Zimtu of the 2,408,200 Units exceeded 2% of the issued and outstanding common shares of Sceptre and triggered the requirement to file this news release, which is being issued pursuant to the requirements set forth in National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and National Instrument 62-104 - Take-Over Bids and Issuer Bids. Zimtu will be filing an early warning report with respect to the acquisition of the Units containing additional information under Sceptre's SEDAR+ profile at www.sedarplus.ca.

About Zimtu Capital Corp.

Zimtu Capital Corp. is a public investment issuer that aspires to achieve long-term capital appreciation for its shareholders. Zimtu Capital companies may operate in the fields of mineral exploration, mining, technology, life sciences or investment. The Company trades on the TSX Venture Exchange under the symbol "ZC" and Frankfurt under symbol "ZCT1". For more information, please visit https://www.zimtu.com.

On Behalf of the Board of Directors

ZIMTU CAPITAL CORP.

"Sean Charland"
President & Director
Tel: 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.

This news release contains forward-looking statements, which include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Forward-looking statements in this press release include statements that the Company may from time to time increase or decrease its ownership, control or direction over securities of Sceptre, depending upon market or other conditions and statements; that the Company will file an early warning report respecting the acquisition of the Units; and that the Company aspires to achieve long-term capital appreciation for its shareholders. These statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include, but are not limited to: risks associated with the business of the Company or the businesses of the companies that the Company has invested in, including, without limitation, the natural resource exploration industry; changes in commodity prices as the Company has investments in natural resource exploration issuers; changes in interest and currency exchange rates; geopolitical risk and social unrest; changes in general economic conditions or conditions in the financial markets; and economic, competitive, governmental, environmental and technological factors which may affect the Company's operations, investments, markets, products and share price. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

SOURCE: Zimtu Capital Corp.



View the original press release on ACCESS Newswire

FAQ

What is the value of Zimtu Capital's (ZTMUF) recent investment in Sceptre Ventures?

Zimtu invested $24,082 to acquire 2,408,200 units at $0.01 per unit in Sceptre Ventures through a private placement.

What is Zimtu Capital's (ZTMUF) current ownership percentage in Sceptre Ventures after the April 2025 acquisition?

Zimtu owns 26.65% undiluted and 33.33% on a partially diluted basis of Sceptre Ventures following the acquisition.

What are the terms of the warrants included in Zimtu Capital's (ZTMUF) Sceptre Ventures investment?

Each warrant allows purchase of one additional share at $0.05 within 12 months from closing.

How many Sceptre Ventures shares did Zimtu Capital (ZTMUF) own before the April 2025 private placement?

Zimtu owned 3,993,100 common shares, representing 33.25% of Sceptre Ventures on a fully diluted basis before the placement.
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