Mr. David Hodge reports

ZIMTU CAPITAL CORP. ANNOUNCES PRIVATE PLACEMENT

Zimtu Capital Corp. has arranged a non-brokered private placement of 1,112,000 units at a price of 25 cents per unit for gross proceeds of $278,000. Each unit comprises one common share in the capital of the company and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share in the capital of the company for a period of 24 months from the closing date at an exercise price of 30 cents.

Finders' fees or brokers' commissions may be paid, in accordance with TSX Venture Exchange policies.

All securities will be subject to a four-month hold period from the closing date. The private placement is subject to TSX-V approval.

The company intends to use the proceeds from the private placement for working capital.

About Zimtu Capital Corp.

Zimtu Capital is a public investment issuer that invests in, incubates and grows natural resource companies, thereby providing a way for shareholders to indirectly participate and profit in the process of building a public company. The company also provides mineral property project generation and advisory services helping to connect companies to properties of interest.

We seek Safe Harbor.