Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) announced that pursuant to a private placement transaction it has acquired an aggregate of 4,883,000 common shares of Trivello, which is equal to 19.90% of Trivello's issued and outstanding share capital as at June 8, 2010.
Nicola Mining Inc. Corporate Presentation April 2024
News Release: Zimtu Capital Corp. Acquires Securities of Trivello Energy Corp. (TSXv: TRV)
1. ZIMTU CAPITAL ACQUIRES SECURITIES OF TRIVELLO ENERGY CORP.
June 10, 2010 - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) (the “Company” or
“Zimtu”) is pleased to announce that pursuant to a private placement transaction it has
acquired 1,030,000 common shares (“Common Shares”) and 1,030,000 common share
purchase warrants (the “Warrants”) of Trivello Energy Corp. (TSXv: TRV) (FSE: T6U1)
(“Trivello”). Each Warrant entitles the holder to acquire one common share of Trivello at
a price of $0.10 until June 8, 2012. The Common Shares are in addition to the
1,000,000 common shares Zimtu acquired in connection with the Tom Mine Property
transaction that was recently completed with Trivello.
Zimtu now holds an aggregate of 4,883,000 common shares of Trivello, which is equal
to 19.90% of Trivello’s issued and outstanding share capital as at June 8, 2010. In the
event that all of Trivello’s warrants are fully exercised, Zimtu will hold a total of
6,413,000 common shares of Trivello, or approximately 17.83% of the issued and
outstanding common shares.
Zimtu’s investment in Trivello is consistent with the Company’s strategy of making early
stage resource investments as well as creating and incubating companies to build value
for our shareholders. As a major shareholder, Zimtu will contribute to the reformation
and future growth and development of Trivello.
About Zimtu Capital Corp.
Zimtu Capital Corp. is a TSX Venture listed investment company that invests in, creates
and grows natural resource companies thereby providing a way for investors to
participate and profit in the public company building process. The Company also
provides mineral property 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 please visit
the corporate website at http://www.zimtu.com or contact:
Kevin Bottomley
Shareholder Services
TF: 1.877.377.6222
T: 604.681.1568
2. Email: kevin@zimtu.com
Zimtu is also active in social media channels. Become a fan on Facebook:
http://www.facebook.com/Zimtu or follow us on Twitter: http://www.facebook.com/Zimtu
to receive live updates and feeds on the company.
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.
Statements in this document which are not purely historical are forward-looking statements, including any
statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking
statements in this news release include the exercise of all of the warrants of Trivello Energy Corp.; that
Zimtu’s investment in Trivello is consistent with its strategy in the creation and incubation of companies to
build shareholder value; that Zimtu will contribute to the reformation and future growth and development
of Trivello; that Zimtu invests in, creates, and grows natural resource companies; and that Zimtu provides
mineral property advisory services to help connect companies to properties of interest.
It is important to note that actual outcomes and the Company’s actual results could differ materially from
those in such forward-looking statements. Risks and uncertainties include, but are not limited to,
economic, competitive, governmental, environmental and technological factors that may affect the
Company's operations, markets, products and prices. Readers should refer to the risk disclosures
outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed
with the British Columbia Securities Commission.