Zimtu Capital Corp. announces closing of private placement

VANCOUVER, July 14, 2014 /CNW/ - Zimtu Capital Corp. (TSXV: ZC) (FSE: ZCT1) 
(the "Company" or "Zimtu") announces that it has closed the non-brokered 
private placement financing (the "Offering") it previously announced by News 
Releases dated April 4, 2014 and June 17, 2014. 
The Company issued 2,228,690 units ("Unit") at a price of $0.50 per Unit for 
gross proceeds of $1,114,345. Each Unit consists of one common share of the 
Company ("Share") and one non-transferable common share purchase warrant 
("Warrant"), with one Warrant entitling the holder to acquire one additional 
Share ("Warrant Share") at a price of $0.75 per Warrant Share until July 11, 
The Company paid cash finders' fees to certain finders in the aggregate amount 
of $29,840 and issued 59,680 warrants (the "Finders' Warrants") exercisable 
into Shares ("Finders' Warrant Shares") until July 11, 2016 at a price of 
$0.50 per Finders' Warrant Share. 
The Warrants and the Finders' Warrants are subject to an acceleration clause.  
If on any 20 consecutive trading days following July 11, 2014, the closing 
sales price of the Shares as quoted on the TSX Venture Exchange (the "TSXV") 
is greater than 150% of the exercise price, the Company may accelerate the 
expiry date of the Warrants or Finders' Warrants to the 30th day after the 
date on which the Company gives such notice to the warrant holder. 
All securities issued in the Offering will be subject to a statutory hold 
period expiring November 12, 2014. 
The Company intends to use the proceeds from the Offering for prospect 
generation, company building and general working capital. 
None of the securities sold in connection with the Offering will be registered 
under the U.S. Securities Act of 1933, as amended, and may not be offered or 
sold in the United States absent registration or an applicable exemption from 
the registration requirements. This press release shall not constitute an 
offer to sell or the solicitation of an offer to buy nor shall there be any 
sale of the securities in any jurisdiction in which such offer, solicitation 
or sale would be unlawful. 
About Zimtu Capital Corp. Zimtu Capital Corp. is a public investment issuer 
that invests in, creates and grows natural resource companies thereby 
providing a way for shareholders to indirectly participate and profit in the 
public company building process. The Company also provides mineral property 
project generation and advisory services helping to connect companies to 
properties of interest. 
Zimtu trades on the Exchange under the symbol "ZC" and the Frankfurt Stock 
Exchange under the symbol "ZCT1". 
On Behalf of the Board of Directors ZIMTU CAPITAL CORP. 
"David Hodge" David Hodge President & Director Phone: 604.681.1568 
Neither the 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 expectations of management regarding use of proceeds 
of the Offering and acceleration of the Warrants and Finders' Warrants. 
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; the Exchange may not 
approve the Offering; the proceeds of the Offering may not be used as stated 
in this press release; and that the parties may be unable to satisfy all of 
the conditions to closing the Offering. Readers should refer to the risk 
disclosures outlined in the Company's Management Discussion and Analysis of 
its audited financial statements and other continuous disclosure documents 
filed under the Company's profile on SEDAR (http://www.sedar.com).

SOURCE  Zimtu Capital Corp. 
please visit the corporate website at http://www.zimtu.com or contact Matt 
Sroka, Corporate Communications, at 604.681.1568. 
To view this news release in HTML formatting, please use the following URL: 
CO: Zimtu Capital Corp.
ST: British Columbia
-0- Jul/14/2014 20:21 GMT
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