Mr. Sean Charland reports

ZIMTU CAPITAL CORP. ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Further to the news release dated April 21, 2025, the TSX Venture Exchange has approved the consolidation of Zimtu Capital Corp.'s issued and outstanding common shares on the basis of one new share for every five currently outstanding shares. The consolidation will become effective at the opening of the market on May 9, 2025. The company's symbol shall remain as ZC.

Currently, a total of 63,413,303 shares are issued and outstanding. Accordingly, upon the consolidation becoming effective and subject to adjustments for rounding, a total of 12,682,630 shares will be issued and outstanding. There is no maximum number of authorized shares. No fractional postconsolidated shares will be issued as a result of the consolidation. Shareholders who would otherwise be entitled to receive a fraction of a postconsolidated share will be rounded up to the nearest whole number of postconsolidated shares, and no cash consideration will be paid in respect of fractional shares.

The exercise price and number of shares, issuable upon the exercise of outstanding options and warrants, will be proportionally adjusted upon the implementation of the proposed consolidation in accordance with the terms thereof.

Odyssey Trust Company will mail letters of transmittal to the shareholders, providing instructions on exchanging preconsolidation share certificates for postconsolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Odyssey in accordance with the instructions in the letter of transmittal.

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 in Frankfurt under the symbol ZCT1.