Zimtu Capital Corp. Sells Crystal Lake Copper Property

Zimtu Capital Corp. signed an agreement with Discovery Energy Metals Corp. to sell its 100% interest in the Crystal Lake Copper Property. The property is located in north-central British Columbia, near Fort Fraser. Zimtu will receive CDN $200,000 in cash and 2 million common shares of Discovery initially. An additional CDN $200,000 and 1 million shares are payable upon the discovery of a qualifying drill intercept.

The property includes eight mineral claims over 5,283 hectares, with access to infrastructure like a CN rail line and power transmission. Zimtu retains a 2% net smelter returns royalty, with Discovery having the option to buy back 1% for CDN $1,000,000 within five years.

Discovery will take over full ownership and exploration activities. All transactions are subject to approval from the Canadian Securities Exchange and the TSX Venture Exchange.