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    Zimtu Signs Agreement with Big North Graphite Corp.

    Investing News Network
    Apr. 11, 2012 08:10AM PST
    Battery Metals

    Zimtu Capital Corp.(TSXV:ZC) announced the signing of a new agreement with Big North Graphite Corp. Big North will now have an option to earn a 100% interest in the Grand Lac Du Nord property.

    Zimtu Capital Corp.(TSXV:ZC) announced the signing of a new agreement with Big North Graphite Corp. Big North will now have an option to earn a 100% interest in the Grand Lac Du Nord property.

    As quoted in the press release:

    For its participation in the transaction, Zimtu will receive staged cash and share payments from Big North as follows: (i) $10,000 on signing; (ii) $10,000 and 375,000 common shares on acceptance by the TSX Venture Exchange (“TSXv”); (iii) 125,000 common shares 6 months from the date of TSXv acceptance; (iv) 125,000 common shares 12 months from the date of TSXv acceptance; (v) 125,000 common shares 14 months from the date of TSXv acceptance.

    Click here to read the Zimtu Capital Corp. (TSXV:ZC) press release
    Click here to see the Zimtu Capital Corp. (TSXV:ZC) profile

    tsxv:zcbig north graphite corpbig north graphitezimtu capital corp.
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