May 7, 2009 (Baystreet.ca) --
VANCOUVER -- Zimtu Capital Corp. (TSXv: ZC) (FSE: ZCT1) ("the Company") is pleased to announce the appointment of Mr. Sven Olsson to the Board of Directors.
Mr. Olsson is an accomplished professional with over eight years of experience in the resource investment and finance industry. Since 2001, Sven has held the position of Director of Media and Corporate Communications for AXINO AG, a European consulting firm specializing in communications for companies in the resource sector. In his role with AXINO AG, Sven has been responsible for investor relations and capital fundraising in Europe for numerous major and micro cap resource-based companies in all phases of development. His network of contacts within the mining and financial communities as well as media extends across Europe and North America.
David Hodge, President stated "We are pleased to have attracted Sven to our team. His experience and expertise will further enhance our ability to pursue the opportunities the current market presents for resource investments and company building. He adds depth to our financial connections in Europe and brings invaluable experience in the analysis of companies and investments."
About Zimtu Capital Corp.
Zimtu Capital Corp. is a TSX Venture listed investment issuer that creates or invests in natural resource companies, providing a unique way for investors to participate and profit in the public company building process. For more information on Zimtu Capital Corp., please contact Investor Relations at (604) 681-1568 or visit our website at www.zimtu.com.
On Behalf of the Board of Directors ZIMTU CAPITAL CORP. "David Hodge"
Neither 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. 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. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
SOURCE: Zimtu Capital Corp.
David Hodge, President & Director, Phone: (604) 681-1568, Fax: (604) 681-8240, Email: dhodge@zimtu.com