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    Zimtu Capital Corp. Completes Transaction for Graphite Projects

    Investing News Network
    Sep. 01, 2011 11:53AM PST
    Company News

    Zimtu Capital (TSXV:ZC,FWB:ZCT1) announced that the Company and one of its prospecting partners have signed an agreement with Strike Gold Corp.

    Zimtu Capital (TSXV:ZC,FWB:ZCT1) announced that the Company and one of its prospecting partners have signed an agreement with Strike Gold Corp.

    As quoted in the press release:

    Strike can earn a 100% interest in the Deep Bay East and Simon Lake Graphite Properties both located in northern Saskatchewan.

    For its participation in the transaction, Zimtu will receive staged payments totalling C$162,500 and 1,500,000 common shares over a 14-month period.

    Click here to read the Zimtu Capital (TSXV:ZC,FWB:ZCT1) press release
    Click here to see the Zimtu Capital (TSXV:ZC,FWB:ZCT1) profile.

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