Zimtu Capital Corp. Acquires Securities of Discovery Harbour Resources Corp.

- March 19th, 2010

Zimtu Capital Corp. reports  it has acquired 2,020,000 common shares of Discovery Harbour Resources Corp. at a price of $0.10 for an aggregate subscription price of C$202,000. Discovery is a private mineral exploration investment company founded by the principals of Western Potash Corp. [TSXv: WPX] and Zimtu Capital Corp. [TSXv: ZC]. The President of Discovery is Ian Graham, … Continued

Zimtu Capital Corp. reports  it has acquired 2,020,000 common shares of Discovery Harbour Resources Corp. at a price of $0.10 for an aggregate subscription price of C$202,000.

Discovery is a private mineral exploration investment company founded by the principals of Western Potash Corp. [TSXv: WPX] and Zimtu Capital Corp. [TSXv: ZC]. The President of Discovery is Ian Graham, an accomplished mining professional with over 20 years of experience in the discovery, evaluation and development of mineral deposits. Mr. Graham joined Discovery from Rio Tinto, where he was the Chief Geologist with Rio Tinto’s Project Generation Group. Throughout Mr. Graham’s career, he has been involved in the evaluation, exploration and development of numerous advanced stage projects in North America and abroad. Furthermore, Discovery’s Executive VP, Michael J. Senn, is an experienced explorer with a track record of discovery. During his tenure with Kennecott / Rio Tinto (1980 — ’97) Michael lead teams involved with the discoveries at the Diavik Diamond (NWT) and Eagle Deposits (MI) following a role as Regional & Project Exploration Manager for Kennecott’s Flambeau Mining Group. He joined the Discovery team in November, 2009.

For complete press release, click here.

For Zimtu Capital Corp.’s company release, click here.

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