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Zimtu Capital Corp. Completes Transaction for Graphite Projects
Sep. 01, 2011 11:53AM PST
Company NewsZimtu 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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