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or Name
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Zimtu Capital Corp (2)
Symbol ZC
Shares Issued 15,394,483
Close 2018-10-10 C$ 0.21
Market Cap C$ 3,232,841
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Zimtu acquires six million Saville Resources units

2018-10-10 12:45 ET - News Release

Mr. Dave Hodge reports

ZIMTU CAPITAL CORP. INVESTS IN SAVILLE RESOURCES INC. AND FILES RELATED EARLY WARNING REPORT

Zimtu Capital Corp. has acquired, through private placement, six million units of Saville Resources Inc. The units comprise six million common shares and six million share purchase warrants issued at a price of five cents per unit. Each warrant entitles the holder to purchase one additional share at a price of 10 cents per share within two years from closing.

Prior to the issuance of the units, Zimtu held 671,000 common shares of Saville. After the private placement, Zimtu holds 6,671,000 common shares and six million share purchase warrants, representing 12.6 per cent of the outstanding shares on a partially diluted basis.

Zimtu acquired the shares and warrants for investment purposes. Depending on market conditions and other factors, Zimtu may acquire additional shares of Saville as Zimtu may deem appropriate, whether in open-market purchases, privately negotiated transactions or otherwise. Zimtu may dispose of some or all of such shares or warrants.

This news release is issued pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also require a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. A copy of this early warning report has been filed with Saville's documents on SEDAR.

About Zimtu Capital Corp.

Zimtu Capital is a public investment issuer that invests in, creates and grows natural resource companies. The company also provides mineral property project generation and advisory services helping to connect companies to properties of interest.

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