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Zimtu Capital Completes $2 million Non-Brokered Private Placement
Nov. 05, 2010 06:30AM PST
Long TailZimtu Capital Corp. (CVE:ZC) reports that it has completed a non-brokered private placement.
Zimtu Capital Corp. (TSXV:ZC) reports that it has completed a non-brokered private placement.
The press release is quoted as saying:
The private placement remains subject to the final acceptance of the TSX Venture Exchange (the “TSXv”) and finder’s fees may be payable in accordance with the policies of the TSXv. The securities issued will be subject to a four-month hold period.
The proceeds from the private placement will be used for investment opportunities and general working capital.