Zimtu Capital Corp. announces a private placement to raise up to $1,000,000 through the sale of flow-through shares priced at $0.325 and units priced at $0.30. Each unit consists of one common share and one warrant exercisable at $0.40 for 18 months and $0.30 from 19-24 months. Proceeds will be used for resource property exploration from flow-through shares and general working capital from units. The private placement is subject to TSX Venture Exchange approval.