Zimtu Capital Corp. announces results of annual general meeting

VANCOUVER, June 28 /CNW/ - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) (the "Company" or "Zimtu") recently held its annual general meeting where all resolutions were approved with ninety-nine percent of the voted shares in favour. In addition to the re-election of David Hodge, Patrick Power and Sven Olsson, Ryan Fletcher was appointed to the Board of Directors.

Mr. Fletcher originally joined the Company in 2009 to oversee corporate development where he has been responsible for project identification and evaluation, marketing and business development. Mr. Fletcher, a graduate of the University of British Columbia Okanagan with a Bachelor of Arts degree in Economics, has significant experience in the areas of corporate finance, regulatory compliance, marketing and business development. Prior to joining Zimtu, Mr. Fletcher worked as a consultant for publicly-listed mineral exploration and development companies and a boutique private investment firm focused on the mineral exploration sector.

"With his significant involvement in the company's succession of project acquisitions and transactions, Ryan has already shown himself to be a significant asset to the Zimtu team," commented Dave Hodge, President. "We welcome him to the Board of Directors and believe his work will be invaluable in executing Zimtu's long-term growth strategy."

    About Zimtu Capital Corp.

Zimtu Capital Corp. is a TSX Venture listed investment company that invests in, creates and grows natural resource companies thereby providing a way for investors to participate and profit in the public company building process. The Company also provides mineral property advisory services helping to connect companies to properties of interest.

Zimtu Capital trades on the TSX-Venture Exchange under the symbol "ZC" and the Frankfurt Stock Exchange under the symbol "ZCT1."

    On Behalf of the Board of Directors

    "David Hodge"
    David Hodge
    President & Director
    Phone: (604) 681 1568

      Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
         responsibility for the adequacy or accuracy of this release.

Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include that Zimtu invests in, creates, and grows natural resource companies; and that Zimtu provides mineral property advisory services to help connect companies to properties of interest.

It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

SOURCE Zimtu Capital Corp.

For further information: For further information: corporate website at http://www.zimtu.com or contact: Kevin Bottomley, Shareholder Services, TF: 1.877.377.6222, T: 604.681.1568, Email: kevin@zimtu.com

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