Zimtu Capital Corp. amends private placement

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VANCOUVER, June 5, 2015 /CNW/ - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) (the "Company" or "Zimtu") announces that further to its news release issued April 24, 2015, it has amended the terms of its proposed private placement.

The flow-through common shares (the "FT Shares") will be offered at a price of $0.265 per FT Share and the units (the "Units") will be offered at a price of $0.255 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Offering") for all securities issued.  Each Unit will consist of one non-flow-through common share (each, a "Share") and one warrant (a "Warrant").  One Warrant will be exercisable into one additional non-flow-through common shares of the Company ("Warrant Shares") at a price of $0.30 per Warrant Share for a period of 24 months from closing.

All other terms of the private placement previously announced remain unchanged.

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 please visit the corporate website at http://www.zimtu.com. 

On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.

"David Hodge"
David Hodge
President & Director
Phone: [phone]

Neither the 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 expectations of raising funds and regarding use of proceeds of the Offering.

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; the Exchange may not approve the Offering; there may not be interested subscribers; the proceeds of the Offering may not be used as stated in this press release; and that the parties may be unable to satisfy all of the conditions to closing the Offering. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements and other continuous disclosure documents filed under the Company's profile on SEDAR (http://www.sedar.com).

SOURCE Zimtu Capital Corp.

David Hodge, President & Director, Phone: [phone]