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Zimtu Capital Corp. Announces Prima Fluorspar Corp. Commences Trading

VANCOUVER, April 19, 2013 /CNW/ - Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) (the "Company"...

articleZimtu Capital Corp.April 19, 20134/company/zimtu-capital-corp/news/zimtu-capital-corp-announces-prima-fluorspar-corp-commences-trading
Zimtu Capital Corp. Announces Prima Fluorspar Corp. Commences Trading

About this update from Zimtu Capital Corp.

[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, April 19, 2013 /CNW/ - Zimtu Capital Corp. (TSXv: ZC) (FSE:\n ZCT1) (the \"Company\" or \"Zimtu\") is pleased to announce that at the\n open of market today one of its equity holdings Prima Fluorspar Corp.\n (\"Prima\") commenced trading on the TSX Venture Exchange under the\n symbol TSXv: PF.\n\n\nZimtu currently holds 7,457,500 common shares of Prima (subject to a\n 36-month staged escrow release) representing approximately 27% of the\n total 26,761,500 issued and outstanding common shares of Prima. Zimtu\n has been an active supporter of Prima since its inception and will\n continue to support the company as it moves forward.\n\n\nPrima is focused on expanding a historic fluorspar resource* at its\n Liard Fluorspar Property in northern British Columbia.\n\n\nHIGHLIGHTS ABOUT PRIMA'S HISTORIC RESOURCE*\n\n\n3.2 million tonnes at an average grade of 32% fluorspar*\n\n\nMineralization at surface\n\n\n30 km strike length\n\n\nMetallurgical Testing: 97% CaF2*  \n\n22,500 ha (55,000 acres), 100%-owned claims\n\n\nEasy access, on Alaska Highway in British Columbia\n\n\nFLUORSPAR FACTS:\n\n\nUses: Refrigeration, aluminum and steel smelting, consumer products like Teflon® and GORE-TEX®, medicines, cement, and\n petroleum-based fuels\n\n\n$2.4 billion/annum market\n\n\nNorth American Purchasers: Chemical Companies - Dupont, Honeywell;\n Aluminum Producers: Rio Tinto Alcan (Kitimat)\n\n\nPRIMA MANAGEMENT TEAM\n\n\nRobert Bick, President/CEO\n\n\nRobert Bick is an experienced company builder. Mr. Bick is the former\n CEO and Executive Chairman of Evolving Gold Corp. (http://www.evolvinggold.com). He joined Evolving Gold when it had a market cap of less than $3\n million, trading on the CNSX. During Robert's tenure, the market cap\n increased from $3 million to over $100 million. Evolving Gold raised\n over $50 million during that period, moved to the TSX-V and\n subsequently graduated to the TSX main board.\n\n\nAndrew Davidson, Chief Financial Officer\n\n\nAndrew Davidson provides extensive financial and public company\n knowledge to the team. Mr. Davidson is a Chartered Accountant with\n extensive experience in Canadian and international financial reporting\n standards. He has years of experience in public practice accounting\n focusing specifically on assurance for publicly listed enterprises. Mr....

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