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Provider: Reuters Investment Profile
Provider: Rockstone Research Ltd.
Provider: Rockstone Research Ltd.

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Zimtu Capital Corp announces C$2 mln private placement

Friday, 4 Apr 2014 09:00am EDT 

Zimtu Capital Corp:Announces private placement of up to 4,000,000 units at C$0.50 per Unit for gross proceeds of up to C$2,000,000.Engaged Secutor Capital Management Corporation (the "Agent") to act as lead agent.Each Unit will consist of one common share and one warrant.Each share purchase warrant will be exercisable into one common share of the company for a period of 24 months from closing at a price of C$0.75 per common share.Proceeds of the private placement will be used for prospect generation, company building and general working capital. 

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