Zimtu Capital Corp announces that it has completed an agreement with Rare Earth Metals Inc. whereby Rare Earth can earn a 100% interest in 40 claims totaling 647 hectares of a rare earth element prospect located 80 km east of Sudbury, Ontario. For its participation, Zimtu will receive $100,000 and 1 million shares over 24 months, and its two partners will receive equal consideration. Rare Earth will compile available data and commence work including surveying, mapping, sampling and drilling. Zimtu will continue to evaluate properties to make available for acquisition.

1. ZIMTU CAPITAL CORP. ANNOUNCES RARE EARTH ELEMENT PROPERTY
TRANSACTION WITH RARE EARTH METALS INC.
June 7, 2011 - Zimtu Capital Corp. (TSXv: ZC; FSE: ZCT1) (the “Company” or “Zimtu”)
is pleased to announce that the Company and two prospecting partners have completed
an agreement with Rare Earth Metals Inc. (TSXv: RA) (“Rare Earth”) whereby Rare
Earth can earn a 100% interest in 40 unpatented claim units totaling 647 hectares that
make up a part of their newly acquired Lavergne Rare Earth Element (“REE”) Prospect
located 80 kilometres east of Sudbury, Ontario.
For its participation in the transaction, Zimtu will receive staged payments of C$100,000
and 1,000,000 common shares over a 24-month period. Zimtu’s two acquisition partners
will together receive cash and share consideration equal to that of Zimtu. The vendors
will collectively retain a 2% Net Smelter Royalty on the claims; 1% of which can be
purchased by Rare Earth for $1,000,000. The agreement is subject to acceptance by
the TSX Venture Exchange.
Rare Earth’s Lavergne Property, of which the optioned claims make up a part, covers a
historic REE showing previously drilled in 1969 by Geophysical Engineering and
Surveys Ltd. of North Bay, Ontario. Partial drill results from the four-hole program
included 0.98% Rare Earth Oxide (“REO”) over 112.7 meters which included a higher
grade section of 1.22% REO over 63.3 meters (DDH-L-69-1). (Reference-Internal
Report on the 1969 Diamond Drilling Program #.382 N.B.) True thicknesses of the
mineralized intervals have yet to be determined. A second drill hole (DDH-L-69-4)
completed 180 meters to the north along strike from DDH-L-69-1 intersected two
separate mineralized zones which included 1.33% REO across 19.8 meters and 1.36%
REO across 27.4 meters.
Additional trenching had extended the REE bearing zone to the south for approximately
600 meters where the REE mineral, bastnaesite, was identified throughout the
mineralized sections. The 1969 assaying revealed that appreciable amounts of cerium
up to 3.25%, lanthanum up to 1.33%, neodymium up to 0.70%, and europium up to
0.045% were present, however, only a few samples were assayed for all REEs. The
drilling and trenching carried out at the time indicated that the mineralization is hosted
within large areas of syenite with carbonatized and brecciated granite gneiss. The
reader should be cautioned that these historic results have not been verified by Rare
Earth or the Company and are historic in nature, so should not be relied upon.

2. Rare Earth is currently completing a compilation of the available data, and a work
program, including airborne radiometric and magnetic surveying, gridding, mapping,
sampling and drill testing will commence immediately.
The optioned claims were acquired by the Company and its partners by staking and
were acquired for project generation. Zimtu will continue to evaluate and acquire
prospective resource properties to make available for sale or joint venture. As part of
the Company’s business, Zimtu provides mineral property advisory services and helps
to connect companies with mineral properties of interest.
For additional information on our mineral property advisory services and available
opportunities, contact Ryan Fletcher, Corporate Development and Director at
604.681.1568 or via email at rfletcher@zimtu.com.
Paul Nielsen, P.Geo, is the qualified person as defined in National Instrument 43-101,
that reviewed and approved the technical information in this press release.
About Zimtu Capital Corp.
Zimtu Capital Corp. 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 advisory
services helping to connect companies to properties of interest.
Zimtu 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
Toll Free: 1.877.377.6222
Phone: 604.681.1568
Email: kevin@zimtu.com
On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.
“David Hodge”
David Hodge

3. 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 that Rare Earth can earn a 100% interest in 40
unpatented claim units located approximately 80 km east of Sudbury, Ontario; that in consideration for its
interest, Zimtu will receive staged cash and share payments from Rare Earth, that the vendors will retain
a 2% NSR on the properties; that 1% of the NSR can be purchased by Rare Earth for $1,000,000; that
Rare Earth is currently completing a compilation of the available data for the property and will commence
a work program immediately; that Zimtu will continue to evaluate and acquire prospective resource
properties to make available for sale or joint venture; and that Zimtu provides mineral property advisory
services and helps to connect companies with mineral 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.