Zimtu Capital Corp. Announces Transaction with Castle Silver Resources Inc.
Vancouver - Zimtu Capital Corp. (TSXv: ZC; FSE: ZCT1) (the “Company” or “Zimtu”) announces it has signed an agreement with Castle Silver Resources Inc. (TSXv: CSR; FSE: 4T9B) for its ZimtuADVANTAGE program. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to companies covering multiple aspects of being a public company. The services may include building financial networks, building business networks, shared costs with other public companies, building a social media presence, conference opportunities, media outlets and guidance and special group pricing provided by Zimtu’s network of public company professionals. The program provides the flexibility to allow companies to customize the products and services to best support their needs. The program also provides participating companies access to and meetings with Zimtu’s market participants in Europe and North America.
Zimtu Capital Corp. also announces that Sven Olsson has resigned from the Board of Directors. The Company would like to thank Mr. Olsson for his service and dedication to the Company and its shareholders.
About Castle Silver Resources Inc.
Castle Silver Resources Inc. is a TSX Venture-listed junior mining company focusing on the exploration and development of former silver and cobalt mine properties in northern Ontario including the Castle Silver mine near Gowganda and the Beaver and Violet mines near Cobalt. Recent drilling intersected 188.8 ounces/tonne silver and 1.44% cobalt and metallurgical testing showed excellent recoveries and concentrate grades. Additional drilling is planned in 2017 with the goal of resuming cobalt-silver mining to supply rapidly growing demand. Cobalt is used in three of the four lithium batteries used in electric cars and silver is used in 90% of crystalline silicon photovoltaic cells used in solar panels. Additional information on the Company’s properties and plans is available by visiting its website at http://www.castlesilverresources.com.
About Zimtu Capital Corp.
Zimtu Capital Corp. is a public investment issuer that invests in, creates and grows natural resource companies. The Company also provides mineral property project generation and advisory services helping to connect companies to properties of interest. For more information, visit the corporate website at http://www.zimtu.com.
On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.
“David Hodge”
David Hodge
President & Director
Tel: 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.
