Zimtu Capital Corp. announces a private placement to raise up to $2 million through the sale of 4 million units at $0.50 per unit. Each unit consists of one common share and one warrant exercisable at $0.75 per share for 24 months. An agent has been engaged to act as lead agent on the placement with commissions of 8% of gross proceeds and warrants equal to 8% of units sold. Proceeds will be used for prospect generation, company building, and general working capital.