Mr. Sean Charland reports

ZIMTU CAPITAL CORP. INVESTS IN XANDER RESOURCES INC.

Zimtu Capital Corp. has acquired 1,315,790 units of Xander Resources Inc. at a price of 19 cents per unit pursuant to a private placement offering undertaken by Xander. The units comprised 1,315,790 common shares and 1,315,790 share purchase warrants. Each warrant entitles the holder to purchase one additional share at a price of 25 cents per share within three years from the date of closing.

Prior to the closing of the offering, Zimtu did not own or control any securities of Xander. Following closing of the offering, Zimtu holds 1,315,790 common shares in the capital of Xander and 1,315,790, representing 16.6 per cent of the issued and outstanding common shares of Xander, on an undiluted basis, and 28.5 per cent of the issued and outstanding common shares of Xander 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 Xander, through market transactions, private agreements or otherwise.

This news release is 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 Xander's SEDAR+ profile.

About Zimtu Capital Corp.

Zimtu Capital 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.

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