VANCOUVER, Nov. 26, 2014 /CNW/ - Zimtu Capital Corp. (TSXv:
ZC; FSE: ZCT1) (the "Company" or "Zimtu") is pleased to announce
that it has acquired 10,000,000 common shares of Electra Gold Ltd.
at a deemed price of $0.0507 per
share for a debt settlement transaction on October 10, 2014. Following this
transaction, Zimtu holds a total of 10,314,500 common shares or
27.13% of the current 38,013,670 issued and outstanding common
shares.
These securities were acquired for investment purposes only,
Zimtu intends to evaluate the investment and to increase or
decrease holdings as circumstances warrant.
About Zimtu Capital Corp.
Zimtu Capital Corp. is a public investment issuer that invests
in, creates and grows natural resource companies thereby providing
a way for shareholders to indirectly participate and profit in the
public company building process. The Company also provides mineral
property project generation and advisory services helping to
connect companies to properties of interest.
Zimtu Capital trades on the TSX Venture Exchange under the
symbol "ZC" and the Frankfurt Stock Exchange under the symbol
"ZCT1". For more information visit http://www.zimtu.com.
On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.
"David Hodge"
David
Hodge
President & Director
Phone: 604.681.1568
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Zimtu Capital Corp.