Zimtu Capital Corp. Retains Market-Making Services
VANCOUVER, Jan. 31, 2013 /CNW/ - Zimtu Capital Corp. (TSXv:
ZC) (FSE: ZCT1) (the "Company" or "Zimtu") is pleased to announce
that, subject to regulatory approval, it has retained Venture
Liquidity Providers Inc. ("VLP") to initiate its market making
service to provide assistance in maintaining an orderly trading
market for the common shares of the Company.
The market-making service will be undertaken by
VLP through a registered broker, W.D. Latimer Co. Ltd., in
compliance with the applicable policies of the TSX Venture Exchange
and other applicable laws. For its services, the corporation has
agreed to pay VLP $5,000 per month
for a period of 12 months. The agreement may be terminated at any
time by the corporation or VLP. The corporation and VLP act at
arm's length, and VLP has no present interest, directly or
indirectly, in the corporation or its securities. The finances and
the shares required for the market-making service are provided by
W.D. Latimer Co. Limited. The fee paid by the company to VLP is for
services only.
About Venture Liquidity Providers
Inc.
VLP is a Specialized Consulting Firm based in Toronto providing a variety of services
focused on Exchange listed stocks. VLP's exclusive Market Making
Service is provided by W.D. Latimer Co. Limited. For further
information on VLP, contact JC Cunningham, Vice President at (416)
891 4349 or email jc@ventureliquidityproviders.com.
About W.D. Latimer Co. Limited
W.D. Latimer Co. Limited is one of Toronto's most active broker-dealers. With
more than 40 proprietary traders and specialists for the
Toronto Stock Exchange, an
institutional agency desk and private client services, W.D. Latimer
Co. Limited is one of Canada's
largest proprietary trading firms. For further information on W.D.
Latimer Co. Limited, contact Bill
Seaward, Venture Market Making Specialist at (416) 707 3131
or email bill@wdlatimer.com.
About Zimtu Capital Corp.
Zimtu Capital Corp. is a TSX Venture listed investment company that
invests in, creates, and grows natural resource companies thereby
providing a way for investors to participate and profit in the
public company building process. The Company also provides mineral
property advisory services helping to connect companies to
properties of interest.
On Behalf of the Board of Directors
ZIMTU CAPITAL CORP.
"David Hodge"
David Hodge
President & Director
Phone: (604) 681 1568
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.
FORWARD LOOKING STATEMENTS: This press
release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and
uncertainties. Forward looking statements in this press release
include that VLP will provide assistance in maintaining an orderly
trading market for a period of twelve months the Forward-looking
statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The
assumptions used in the preparation of such statements, although
considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on
forward-looking statements. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise.
SOURCE Zimtu Capital Corp.