Zimtu Capital Corp. Secures Option for Monument Peak Project

Zimtu Capital Corp. has signed a definitive agreement to acquire a 50% interest in the Monument Peak Property from Global Energy Metals Corporation. This option agreement grants Zimtu exclusivity on the property located in Lemhi County, Idaho. The site hosts a copper-silver system with potential gold enrichment. The transaction involves cash payments and share issuances totaling $1.4 million over four years, with Zimtu responsible for exploration expenditures of $1 million within a year, subject to certain conditions.

Global retains a 1% net smelter returns royalty, partially repurchasable by Zimtu. The property includes 84 mining claims and features historical mines with confirmed mineralization. Approvals from the TSX Venture Exchange are pending for the execution of the agreement.