Reported Earnings • Jul 15
Second quarter 2026 earnings released: CA$0.36 loss per share (vs CA$0.11 profit in 2Q 2025) Second quarter 2026 results: CA$0.36 loss per share (down from CA$0.11 profit in 2Q 2025). Net loss: CA$6.13m (down CA$7.52m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Rob Leckie was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: CA$1.52 (vs CA$0.47 in FY 2024) Full year 2025 results: EPS: CA$1.52 (up from CA$0.47 in FY 2024). Net income: CA$19.3m (up 227% from FY 2024). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Dec 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 6.6% per year over the past 5 years. High level of non-cash earnings (431% accrual ratio). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Market cap is less than US$10m (CA$10.2m market cap, or US$7.38m). Minor Risk Revenue is less than US$5m (CA$2.8m revenue, or US$2.0m). Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: CA$0.81 (vs CA$0.15 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.81 (up from CA$0.15 in 3Q 2024). Net income: CA$10.2m (up CA$9.05m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (200% accrual ratio). Market cap is less than US$10m (CA$3.93m market cap, or US$2.82m). Minor Risk Revenue is less than US$5m (CA$2.2m revenue, or US$1.6m). Announcement • Aug 19
Star Copper Corp. (CNSX:STCU) completed the acquisition of Copperline Property located in north-central British Columbia from Zimtu Capital Corp. (TSXV:ZC). Star Copper Corp. (CNSX:STCU) signed a definitive agreement to acquire Copperline Property located in north-central British Columbia from Zimtu Capital Corp. (TSXV:ZC) for CAD 2.4 million on July 14, 2025. A cash consideration of CAD 0.35 million will be paid by Star Copper Corp. The consideration consists of 0.5 million common equity of Star Copper Corp. to be issued for assets of Copperline Property located in north-central British Columbia. Star Copper Corp. will pay an earnout/contingent payment of CAD 0.75 million cash and of CAD 0.75 million common equity on completion of a favorable Preliminary Economic Assessment.
The transaction is subject to Zimtu Capital obtaining approval from TSX Venture Exchange.
Star Copper Corp. (CNSX:STCU) completed the acquisition of Copperline Property located in north-central British Columbia from Zimtu Capital Corp. (TSXV:ZC) on August 18, 2025. Announcement • Aug 01
Zimtu Capital Corp. announced that it expects to receive CAD 1.5 million in funding Zimtu Capital Corp. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.15 for gross proceeds of CAD 1,500,000 on July 31, 2025. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of CAD 0.20 per share for a period of 24 months from the date of issuance. The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange. Finders' fees may be paid in connection with the offering in accordance with the policies of the exchange. All securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day under applicable securities laws. Reported Earnings • Jul 24
Second quarter 2025 earnings released: EPS: CA$0.18 (vs CA$0.20 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.18. Net income: CA$2.28m (up 43% from 2Q 2024). Announcement • Jul 17
Star Copper Corp. (CNSX:STCU) signed a definitive agreement to acquire Copperline Property located in north-central British Columbia from Zimtu Capital Corp. (TSXV:ZC) for CAD 2.4 million. Star Copper Corp. (CNSX:STCU) signed a definitive agreement to acquire Copperline Property located in north-central British Columbia from Zimtu Capital Corp. (TSXV:ZC) for CAD 2.4 million on July 14, 2025. A cash consideration of CAD 0.35 million will be paid by Star Copper Corp. The consideration consists of 0.5 million common equity of Star Copper Corp. to be issued for assets of Copperline Property located in north-central British Columbia. Star Copper Corp. will pay an earnout/contingent payment of CAD 0.75 million cash and of CAD 0.75 million common equity on completion of a favorable Preliminary Economic Assessment.
The transaction is subject to Zimtu Capital obtaining approval from TSX Venture Exchange. Announcement • Jun 26
Discovery Energy Metals Corp. (CNSX:DEMC) completed the acquisition of Crystal Lake Copper Property from Zimtu Capital Corp. (TSXV:ZC). Discovery Energy Metals Corp. (CNSX:DEMC) signed a definitive agreement to acquire Crystal Lake Copper Property from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.70 million on June 17, 2025. A cash consideration of CAD 0.2 million will be paid by Discovery Energy Metals Corp. The consideration consists of 1 million common equity of Discovery Energy Metals Corp. having a value of CAD 0.1 million to be issued for assets and 2 million common equity of Discovery Energy Metals Corp. having a value of CAD 0.2 million to be issued for assets of Crystal Lake Copper Property. Discovery Energy Metals Corp. will pay an contingent payment of CAD 0.2 million cash and 1 million common shares payable upon the discovery of a drill intercept exceeding 0.5% copper over 100 meters. As part of consideration, CAD 0.7 million is paid towards assets of Crystal Lake Copper Property.
All share issuances are subject to applicable hold periods and CSE approval.
Discovery Energy Metals Corp. (CNSX:DEMC) completed the acquisition of Crystal Lake Copper Property from Zimtu Capital Corp. (TSXV:ZC) on June 25, 2025. Announcement • Jun 06
Zimtu Capital Corp., Annual General Meeting, Jul 08, 2025 Zimtu Capital Corp., Annual General Meeting, Jul 08, 2025. Announcement • Apr 10
Mont Royal Resources Limited (ASX:MRZ) entered into a definitive arrangement agreement to acquire Commerce Resources Corp. (TSXV:CCE) for CAD 19.7 million. Mont Royal Resources Limited (ASX:MRZ) entered into a definitive arrangement agreement to acquire Commerce Resources Corp. (TSXV:CCE) for CAD 19.7 million on April 9, 2025. Pursuant to the terms of the Agreement, holders of Commerce Shares will receive 2.3271 ordinary shares of Mont Royal ("Mont Royal Shares") in exchange for each Commerce Share (the "Exchange Ratio") held immediately prior to the effective time of the Transaction (the "Effective Time"). This represents an implied value of CAD 0.093 per Commerce Share and an equity value for Commerce of CAD 17.2 million. The merger will result in a dual listing on the TSX Venture Exchange (the "TSXV") and the Australian Securities Exchange (the "ASX"). As of the date of the Agreement, existing shareholders of Commerce ("Commerce Shareholders") and shareholders of Mont Royal will own approximately 85.3% and 14.7%, respectively, of the outstanding Mont Royal Shares following completion of the Transaction (before taking into account the Commerce Convertible Note Financing and Mont Royal Equity Raise). Commerce will appoint three Directors to the Mont Royal Board and Mont Royal will have one Director. In addition to the announcement of the Transaction, Commerce intends to conduct a convertible note financing with a number of existing Commerce and Mont Royal shareholders and other sophisticated investors to raise up to CAD 2.2 million ("Convertible Note Financing") to provide interim funding to be used for the continuation of studies for the development of the Ashram Project and for working capital while the Transaction is completed. all outstanding stock options of Commerce immediately prior to the Effective Time shall be exchanged for replacement options of Mont Royal on substantially the same terms and conditions and exercisable to acquire such number of Mont Royal Shares at such exercise price in accordance with the Exchange Ratio. All outstanding warrants of Commerce immediately prior to the Effective Time shall be adjusted in accordance with their terms and become exercisable, based on the Exchange Ratio, to purchase Mont Royal Shares on substantially the same terms and conditions. Upon closing of the Transaction, it is expected the Commerce Shares will be de-listed from the TSXV and Mont Royal Shares will begin trading on the TSXV.
The Agreement also provides for customary deal protection provisions including fiduciary-out provisions, non-solicitation covenants and a right to match any superior proposal as defined by the Agreement as well as a termination fee of AUD 250,000 (CAD 213,579) payable to Mont Royal in certain circumstances. Upon closing of the Transaction, it is anticipated that the board of the combined company will be comprised of a new non-executive Chairman in Mr. Cameron Henry, appointed by Commerce, two (2) Directors from Commerce, being Mr. Jeremy Robinson and Mr. Adam Ritchie, and one (1) Non-Executive Director from Mont Royal, expected to be Mr. Ronnie Beevor. In addition, it is expected that a new CEO and President will be appointed prior to the completion of the Transaction to replace the interim Commerce CEO and President, Jeremy Robinson, who will transition to a non-executive Director of the Merged Group.
Completion of the Transaction is subject to customary conditions for a transaction of this nature, including: (Court Orders) the Supreme Court of British Columbia granting interim and final orders on terms consistent with the Agreement; (Commerce shareholder approval) Commerce Shareholders approving the Transaction by way of at least 66 2/3% of the votes cast on the resolution approving the Transaction by the shareholders of Commerce voting as a single class holding Commerce Shares on the record date; (Commerce TSXV approval) Commerce having obtained all necessary TSXV approvals in connection with the Transaction; (Mont Royal shareholder approval) Mont Royal shareholders having approved the Transaction (including the Mont Royal Equity Raise and Mont Royal Consolidation (as defined below)), including for the purposes of ASX Listing Rule 11.1.2; (ASX approval) ASX confirming that it will reinstate Mont Royal Shares to official quotation on ASX, subject to the satisfaction of such terms and conditions as are prescribed by ASX; (Mont Royal TSXV approval) Mont Royal having obtained all necessary TSXV approvals in connection with Mont Royal's proposed listing on TSXV; (Completion of Capital Raising and Consolidation) Mont Royal having completed the Mont Royal Equity Raise and the consolidation of Mont Royal Shares on the basis of 0.2195 post consolidation Mont Royal Shares for each 1 pre-consolidation Mont Royal Share (the "Mont Royal Consolidation"); and (Key Regulatory Approvals and Third Party Consents) Receipt of any other regulatory approvals or third-party consents. The Board of Directors of Commerce, having received a unanimous recommendation from a special committee comprised solely of independent directors of Commerce and after receiving outside legal and financial advice, unanimously determined that the Transaction is in the best interests of Commerce and is fair to the Commerce Shareholders and unanimously recommends that Commerce Shareholders vote in favour of the Transaction. Subject to the satisfaction (or waiver) of all conditions to closing set out in the Agreement, it is anticipated that the Transaction will be completed in July 2025. Commerce has engaged Evans & Evans, who has provided a fairness opinion in respect of the Transaction, Osler, Hoskin & Harcourt LLP as Canadian legal advisor and Hamilton Locke as Australian legal advisor and Wallabi Group Pty Ltd as financial advisor. Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: CA$0.093 (vs CA$0.076 loss in FY 2023) Full year 2024 results: EPS: CA$0.093 (up from CA$0.076 loss in FY 2023). Net income: CA$5.90m (up CA$9.56m from FY 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: CA$0.03 (vs CA$0.023 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0.03 (up from CA$0.023 loss in 3Q 2023). Revenue: CA$719.3k (up 35% from 3Q 2023). Net income: CA$1.16m (up CA$2.13m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Announcement • Sep 18
Discovery Lithium Inc. (CNSX:DCLI) completed the acquisition of Grove Lake and Whitefish Lake Mining Claims in Northwestern Ontario from Zimtu Capital Corp. (TSXV:ZC) Discovery Lithium Inc. (CNSX:DCLI) agreed to acquire Grove Lake and Whitefish Lake Mining Claims in Northwestern Ontario from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.68 million on July 15, 2024. Pursuant to sale agreement among Discovery and Zimtu Capital Corp. (the “Vendor”), the Company has agreed to acquire a 100% interest in the Claims for the following consideration: a cash payment of CAD 432,778.50 to be paid to the Vendor within 180 days following closing of the Acquisition; and an aggregate of 2,000,000 common shares in the capital of the Company (“Discovery Shares”) to be issued to the Vendor upon closing. As additional consideration for the Acquisition, the Company will grant to the Vendor a 1% net smelter returns royalty interest in the future minerals produced from the Claims upon achieving commercial production. The completion of the Acquisition is subject to the acceptance of the Canadian Securities Exchange (the “CSE”). The Discovery Shares to be issued on closing will be subject to a hold period expiring four months and one day following closing.
Discovery Lithium Inc. (CNSX:DCLI) completed the acquisition of Grove Lake and Whitefish Lake Mining Claims in Northwestern Ontario from Zimtu Capital Corp. (TSXV:ZC) on September 17, 2024. Reported Earnings • Jul 28
Second quarter 2024 earnings released: EPS: CA$0.041 (vs CA$0.034 loss in 2Q 2023) Second quarter 2024 results: EPS: CA$0.041 (up from CA$0.034 loss in 2Q 2023). Revenue: CA$734.3k (up 24% from 2Q 2023). Net income: CA$1.59m (up CA$3.04m from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Announcement • May 03
Zimtu Capital Corp., Annual General Meeting, Jul 10, 2024 Zimtu Capital Corp., Annual General Meeting, Jul 10, 2024. Reported Earnings • Mar 29
Full year 2023 earnings released: CA$0.076 loss per share (vs CA$0.43 loss in FY 2022) Full year 2023 results: CA$0.076 loss per share (improved from CA$0.43 loss in FY 2022). Revenue: CA$2.55m (up 52% from FY 2022). Net loss: CA$3.66m (loss narrowed 65% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Announcement • Nov 22
Todd River Resources Limited (ASX:TRT) completed the acquisition of the Halo-Yuri Lithium Project from 507976 N.W.T. Ltd., 877384 Alberta Ltd. and Zimtu Capital Corp. (TSXV:ZC). Todd River Resources Limited (ASX:TRT) entered into a binding sale agreement to acquire the Halo-Yuri Lithium Project from 507976 N.W.T. Ltd., 877384 Alberta Ltd. and Zimtu Capital Corp. (TSXV:ZC) for AUD 1.19 million on September 27, 2023. The consideration includes 80,600,000 shares of Todd River and a cash payment of AUD 230,000. The Sale Agreement relating to the Yuri Lithium Project is conditional on certain mineral claims that comprise that project being transferred to NWT before completion. Currently, the mineral claims comprising the Yuri Lithium Project are held by Aurora Geosciences Ltd. In addition, the Sale Agreements are conditional on the Company’s shareholders approving the issue of the Consideration Shares and Vendor Performance Rights, and the Placement being completed. If shareholder approval is obtained, completion under the Sale Agreements is expected to occur within several business days following such approval.
Todd River Resources Limited (ASX:TRT) completed the acquisition of the Halo-Yuri Lithium Project from 507976 N.W.T. Ltd., 877384 Alberta Ltd. and Zimtu Capital Corp. (TSXV:ZC) on November 22, 2023. New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings have declined by 8.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 8.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (142% increase in shares outstanding). Market cap is less than US$10m (CA$3.80m market cap, or US$2.74m). Minor Risk Revenue is less than US$5m (CA$2.1m revenue, or US$1.5m). Reported Earnings • Oct 29
Third quarter 2023 earnings released: CA$0.023 loss per share (vs CA$0.12 loss in 3Q 2022) Third quarter 2023 results: CA$0.023 loss per share (improved from CA$0.12 loss in 3Q 2022). Revenue: CA$533.1k (up 16% from 3Q 2022). Net loss: CA$965.7k (loss narrowed 69% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 29
Second quarter 2023 earnings released: CA$0.034 loss per share (vs CA$0.033 profit in 2Q 2022) Second quarter 2023 results: CA$0.034 loss per share (down from CA$0.033 profit in 2Q 2022). Revenue: CA$591.0k (up 39% from 2Q 2022). Net loss: CA$1.46m (down 266% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Jul 14
Zimtu Capital Corp. (TSXV:ZC) completed the acquisition of Eagle Lake, Grove Lake, and Whitefish Lake Mining Claims in the Province of Ontario from Shawn Ryan and Others. Zimtu Capital Corp. (TSXV:ZC) entered into a definitive agreement to purchase Eagle Lake, Grove Lake, and Whitefish Lake Mining Claims in the Province of Ontario from Shawn Ryan and Others for CAD 1.3 million on June 15, 2023. Zimtu Capital has agreed to acquire a 100% interest in the Claims for consideration which consist of (i) an aggregate cash payment of CAD 315,000 to be paid to the sellers upon closing of the acquisition (ii) an aggregate of 9,000,000 common shares in the capital of Zimtu to be issued to the sellers upon Closing; and (iii) an aggregate cash payment of CAD 315,000 to be paid to the sellers within four months of closing. As additional consideration for the acquisition, Zimtu Capital will grant to one of the sellers a 1% net smelter returns royalty interest in the future minerals produced from the claims upon achieving commercial production. The Zimtu Shares to be issued on Closing will be subject to a hold period expiring four months and one day following Closing. The completion of the Acquisition is subject to the approval of the TSX Venture Exchange.
Zimtu Capital Corp. (TSXV:ZC) completed the acquisition of Eagle Lake, Grove Lake, and Whitefish Lake Mining Claims in the Province of Ontario from Shawn Ryan and Others on July 13, 2023. Announcement • Jun 17
Zimtu Capital Corp. (TSXV:ZC) entered into a definitive agreement to purchase Eagle Lake, Grove Lake, and Whitefish Lake Mining Claims in the Province of Ontario from Shawn Ryan and Others for CAD 1.3 million. Zimtu Capital Corp. (TSXV:ZC) entered into a definitive agreement to purchase Eagle Lake, Grove Lake, and Whitefish Lake Mining Claims in the Province of Ontario from Shawn Ryan and Others for CAD 1.3 million on June 15, 2023. Zimtu Capital has agreed to acquire a 100% interest in the Claims for consideration which consist of (i) an aggregate cash payment of CAD 315,000 to be paid to the sellers upon closing of the acquisition (ii) an aggregate of 9,000,000 common shares in the capital of Zimtu to be issued to the sellers upon Closing; and (iii) an aggregate cash payment of CAD 315,000 to be paid to the sellers within four months of closing. As additional consideration for the acquisition, Zimtu Capital will grant to one of the sellers a 1% net smelter returns royalty interest in the future minerals produced from the claims upon achieving commercial production. The Zimtu Shares to be issued on Closing will be subject to a hold period expiring four months and one day following Closing. The completion of the Acquisition is subject to the approval of the TSX Venture Exchange. Announcement • Jun 14
Zimtu Capital Corp. Appoints Robert Leckie to its Board of Directors Zimtu Capital Corp. announced the appointment of Rob Leckie to its Board of Directors. Rob has 20 years' experience in finance including roles in investment banking, investment management and corporate management. He was previously a Vice President at Dundee Corporation where he was responsible for identifying, developing, and overseeing investment opportunities with a focus on resource investing. He was a Managing Director of Dundee Acquisition, the first special purpose acquisition corporation (SPAC) created in Canada, a Founding board member and investor in Nova Royalty Corp, and a board member of Reunion Gold, Magna Terra Minerals, Cathedra Bitcoin, and Gold Line Resources. Mr. Leckie is a co-founder and director of Somerset Energy Partners, Valkyrie Oil Trucking Corp., and South Viking Energy Corp. Board Change • May 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Kevin Bottomley was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 19
Infiniti Drilling Corporation entered into an agreement to acquire 6 Mineral Claims in the Harrison Lake Area in the New Westminster District from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.02 million. Infiniti Drilling Corporation entered into an agreement to acquire 6 Mineral Claims in the Harrison Lake Area in the New Westminster District from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.02 million on May 17, 2023. The Doctors Point Agreement is subject to acceptance by the TSX Venture Exchange. Reported Earnings • Mar 27
Full year 2022 earnings released: CA$0.43 loss per share (vs CA$0.64 profit in FY 2021) Full year 2022 results: CA$0.43 loss per share (down from CA$0.64 profit in FY 2021). Revenue: CA$1.68m (down 25% from FY 2021). Net loss: CA$10.5m (down 202% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Feb 14
Grizzly Discoveries Inc. (TSXV:GZD) entered into agreement to acquire Beaverdell Claims from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.02 million. Grizzly Discoveries Inc. (TSXV:GZD) entered into agreement to acquire Beaverdell Claims from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.02 million on February 13, 2023. Under the terms of the Zimtu Beaverdell Agreement, Grizzly Discoveries Inc. will acquire the Beaverdell Claims for a cash payment of $0.0075 million, payable immediately, and the issuance of 0.075 million common shares of the Company to Zimtu. The Beaverdell Agreement and the issuance of shares to Zimtu are subject to acceptance by the TSX Venture Exchange. Common shares of the Company issued under the Beaverdell Agreement will be subject to a hold period of four months and one day in accordance with the policies of the TSX Venture Exchange and securities regulation. Announcement • Jan 26
Zimtu Capital Corp. announced that it expects to receive CAD 1 million in funding Zimtu Capital Corp. announced a non brokered private placement of up to 14,285,714 units at a price of CAD 0.07 per unit for gross proceeds of up to CAD 1,000,000 on January 25, 2023. Each unit will consists of one common share and one non-transferable share purchase warrant. Each Warrant will entitle the holder to purchase one additional Share in the capital of the Company for a period of five (5) years from the closing date at an exercise price of CAD 0.09. The Offering is expected to close on or before January 31, 2023. All securities will be subject to a hold period of four months and one day from the closing date of the transaction. The Offering is subject to approval of the TSX Venture Exchange. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Kevin Bottomley was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: CA$0.12 loss per share (vs CA$0.16 loss in 3Q 2021) Third quarter 2022 results: CA$0.12 loss per share. Revenue: CA$461.1k (down 31% from 3Q 2021). Net loss: CA$3.10m (loss widened 18% from 3Q 2021). Announcement • Aug 11
Zimtu Capital Corp. Announces Zimtu Advantage Now Available À La Carte to All TSX.V and CSE Companies, European Bus-Trip Now Also Available Zimtu Capital Corp. announced that the Company's Zimtu Advantage Program, a co-operative marketing and awareness program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple aspects of being a public company, is now available à la carte to all TSX.V and CSE companies. The individual services of the Zimtu Advantage program include the following: Zoom with Zimtu; Zimtu Connect all major news/events/important updates sent to email distribution list, Lead Generation campaigns; Blog Posts; Digital Awareness campaigns; Influencer Marketing; Social Media Distribution of company news/important updates through Zimtu accounts including Twitter, Facebook, LinkedIn, YouTube & Instagram; Rockstone Reports & Distribution; Video News Releases major news releases will be translated to video format, which will be distributed on all social media platforms and to Zimtu Connect subscribers; and Zimtu Question Period. Additionally, Zimtu Capital is also pleased to announce that the Company is planning to renew the Zimtu European bus-trip this coming fall and that all TSX.V and CSE companies are invited to participate, either a la carte or as part of a fully executed 1-year Zimtu Advantage agreement. Please note that this year special emphasis is being made to accommodate brokers and dealmakers on the bus-trip. An extensive marketing program will be put on to attract Europeans to open a Canadian brokerage account. In addition to the opportunities available to participating public companies, the 2022 Zimtu European bus-trip will encourage Europeans participating at the scheduled stops to open a Canadian brokerage account and meet face-to-face with brokers, as well as dealmakers. Individual marketing campaigns, including targeted LinkedIn and Facebook ads, will be prepared and managed for each participating broker. Announcement • Aug 04
Eagle Bay Resources Corp. entered into a definitive agreement to acquire Wicheeda Extension of Zimtu Capital Corp. (TSXV:ZC) for CAD 0.06 million. Eagle Bay Resources Corp. entered into a definitive agreement to acquire Wicheeda Extension of Zimtu Capital Corp. (TSXV:ZC) for CAD 0.06 million on July 29, 2022. As consideration for the property, Eagle Bay Resources will issue its 0.8 million common shares. The transaction is subject to obtaining the approval of the TSX Venture Exchange. Reported Earnings • Jul 19
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CA$424.7k (down 21% from 2Q 2021). Net income: CA$875.9k (down 57% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Kevin Bottomley was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 14
Zimtu Capital Corp., Annual General Meeting, Jul 13, 2022 Zimtu Capital Corp., Annual General Meeting, Jul 13, 2022. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: CA$0.64 (vs CA$0.23 in FY 2020) Full year 2021 results: EPS: CA$0.64 (up from CA$0.23 in FY 2020). Net income: CA$10.2m (up 177% from FY 2020). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Zimtu Capital Corp. announced that it has received CAD 1.9785 million in funding On February 15, 2022, Zimtu Capital Corp closed the transaction. The company issued 9,892,500 units for gross proceeds of CAD 1,978,500. The Company paid cash finder’s fees of CAD 3,600 to a certain finder and issued 18,000 share purchase warrants. The securities issued under the Private Placement, and the shares that may be issuable on exercise of the Warrants, are subject to a statutory hold period expiring on June 16, 2022. Sean Charland; Director of the Company subscribed for a total of 125,000 Units in the transaction. Announcement • Jan 11
Zimtu Capital Corp. announced that it expects to receive CAD 0.75 million in funding Zimtu Capital Corp. announced a non-brokered private placement of up to 3,750,000 units at a price of CAD 0.2 per unit, for gross proceeds of up to CAD 750,000 on January 10, 2022. Each unit will comprise one common share and one non-transferable share purchase warrant of the company. Each warrant will entitle the holder to purchase one additional common share for a period of 24 months from the closing date at an exercise price of CAD 0.3 per share. The company may pay finder's fees in the transaction. All securities to be issued will be subject to a four-month hold period from the closing date. The transaction is subject to TSX-Venture Exchange approval. Reported Earnings • Oct 22
Third quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.073 profit in 3Q 2020) Third quarter 2021 results: Net loss: CA$2.62m (down 323% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 16
Second quarter 2021 earnings released: EPS CA$0.13 (vs CA$0.015 in 2Q 2020) Second quarter 2021 results: Net income: CA$2.04m (up CA$1.80m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Marvel Discovery Corp. (TSXV:MARV) completed the acquisition of Wicheeda North Property Located in British Columbia from Zimtu Capital Corp. (TSXV:ZC) and associates for CAD 0.02 million. Marvel Discovery Corp. (TSXV:MARV) agreed to acquire Wicheeda North Property Located in British Columbia from Zimtu Capital Corp. (TSXV:ZC) and associates for CAD 0.02 million on April 20, 2021.
Marvel Discovery Corp. (TSXV:MARV) completed the acquisition of Wicheeda North Property Located in British Columbia from Zimtu Capital Corp. (TSXV:ZC) and associates on April 28, 2021. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CA$0.46 (vs CA$0.074 in 1Q 2020) First quarter 2021 results: Net income: CA$7.44m (up CA$6.30m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS CA$0.23 (vs CA$0.17 loss in FY 2019) Full year 2020 results: Net income: CA$3.70m (up CA$6.44m from FY 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 13
New 90-day high: CA$0.28 The company is up 90% from its price of CA$0.14 on 08 December 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 8.0% over the same period. Is New 90 Day High Low • Feb 13
New 90-day high: CA$0.22 The company is up 29% from its price of CA$0.17 on 13 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 16% over the same period. Announcement • Feb 04
Zimtu Capital Corp. Announces Contract with Zambezi Sports Inc Zimtu Capital Corp. announced it has signed an agreement with Zambezi Sports Inc. (privately-held) to provide its ZimtuADVANTAGE program. Zimtu shall receive $8,333 per month for a period of twelve months, with the entire 12 months payable at the beginning of the contract. Announcement • Dec 23
Saville Resources Inc. Signs an Agreement with Zimtu Capital Corp December 18, 2020 Saville Resources Inc. announced it has signed an agreement with Zimtu Capital Corp. whereas Zimtu shall provide Saville Resources services under the ZimtuADVANTAGE program. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients 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, which has been revised to enhance its digital communications and marketing opportunities, provides the flexibility to allow companies to customize the products and services to best support their needs. Announcement • Nov 18
Zimtu Capital Corp. Announces Contract with Commerce Resources Corp Zimtu Capital Corp. announced it has signed an agreement with Commerce Resources Corp. to provide its ZimtuADVANTAGE program. Zimtu shall receive $8,333 per month for a period of twelve months, with the entire 12 months payable at the beginning of the contract. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients 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. Is New 90 Day High Low • Nov 07
New 90-day high: CA$0.21 The company is up 43% from its price of CA$0.15 on 06 August 2020. The Canadian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 1.0% over the same period. Announcement • Nov 06
Belmont Cancels Zimtu Capital Digital Marketing Agreement Belmont Resources Inc. announced that it has cancelled its digital marketing agreement with Zimtu Capital as announced in Belmont's October 6, 2020 news release. The Company also reports that the complete private placement announced as per press release dated October 13, 2020 has been cancelled and the Company will not be proceeding and did not close as per
press release dated October 14, 2020.