Trading on the TSX Venture Exchange, Zimtu Capital Corp. invests in, creates, and grows natural resource companies. They also provide mineral property advisory services that help connect companies to properties of interest. Zimtu focuses on private, micro-cap, and small-cap resource companies. Zimtu has their corporate headquarters in Vancouver, British Columbia.
The Company’s business model is to build and actively invest in new resource issuers, and locate and acquire mineral properties of merit, connecting them with exploration companies. For investee companies Zimtu Capital provides early-stage risk capital, business experience, and guidance, as well as active participation in management, financing, and marketing. For investors, the Company provides access to a portion of the market not typically available to them – pre-IPO and seed level financings.
Zimtu has funded or launched a number of companies. These include Commerce Resources Corp., Evolving Gold Corp., and Western Potash Corp. Concerning property transactions, projects are usually acquired on a 50-50 percent basis with geological and prospecting partners. Proceeds are also split 50-50 percent.
Last week, Zimtu announced that they and three prospecting partners signed an agreement with Galaxy Capital Corp. With the agreement, Galaxy can earn a 100 percent interest in the Sun Graphite Property located in southern Quebec. The Sun Graphite Property is a large 4,200-hectare claim block of 76 claims. It has multiple target areas and anomalies, the longest of which is 3 kilometers. The property is trench and drill ready.
Outokumpu Mines Inc. identified the property in exploration for base metal mineralization. Ground work confirmed graphite. Zimtu will receive staged cash and share payments from Galaxy for their participation in the transaction. Global consumption of natural graphite has increased from approximately 600,000 in 2000 to 1.2 MM t in 2012. Galaxy plans to mount an aggressive exploration campaign on the Sun Graphite Property.
Furthermore, this month, Zimtu announced that they and three prospecting partners signed an agreement with Strike Graphite Corp. whereby Strike can earn a 100 percent interest in the Wagon Graphite Property located in southwestern Quebec. The Wagon Property consists of three separate claim blocks totaling approximately 3,000 hectares and is approximately 15 km east of Timcal’s Lac des Iles Graphite Mine. For their participation in the transaction, Zimtu will receive staged cash and share payments from Strike Graphite.
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