02:10:29 EST Fri 21 Nov 2025
Enter Symbol
or Name
USA
CA



Equitas Resources Corp (2)
Symbol EQT
Shares Issued 17,012,071
Close 2014-11-17 C$ 0.035
Market Cap C$ 595,422
Recent Sedar Documents

Zimtu, Equitas receive TSX-V OK for Garland option deal

2014-11-18 16:08 ET - News Release

See News Release (C-ZC) Zimtu Capital Corp (2)

Mr. David Hodge of Zimtu reports

ZIMTU CAPITAL CORP. ANNOUNCES TRANSACTION IN THE VOISEY'S BAY BELT

Zimtu Capital Corp. and two of its prospecting partners have received TSX Venture Exchange acceptance of an option agreement with Equitas Resources Corp., whereby Equitas can earn a 100-per-cent interest in the Garland property located in Labrador, Canada.

For its participation in the transaction, Zimtu will receive staged cash and share payments from Equitas as follows: $15,000 on signing; one million common shares on acceptance by the TSX-V; $25,000 on completion of an airborne survey; one million common shares 18 months following the TSX-V acceptance date; and one million common shares 36 months from the TSX-V acceptance date. Zimtu's partners will also receive staged cash and share payments.

The Garland property encompasses 25,050 hectares and is 30 kilometres southeast of Vale's Voisey's Bay nickel/copper/cobalt mine. A review of historical exploration work shows the property to be within an environment favourable for magmatic Ni-Cu sulphide deposits and which also possess strikingly similar features to the Voisey's Bay deposit(s).

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