Zimtu Capital Corp. Announces Share Consolidation

VANCOUVER, BC — Zimtu Capital Corp. (TSXV: ZC), an investment company based in Vancouver, Canada, has announced the effective date of its share consolidation. Following approval from the TSX Venture Exchange, the consolidation will occur on a basis of one new share for every five currently outstanding shares. This consolidation is set to take effect at the opening of the market on May 9, 2025.

As of the announcement, Zimtu Capital Corp. has 63,413,303 shares issued and outstanding. Post-consolidation, the number of shares will be reduced to approximately 12,682,630, subject to adjustments for rounding. The company’s stock symbol will remain “ZC,” and no fractional shares will be issued as a result of the consolidation.

Company Overview

Zimtu Capital Corp. specializes in building new resource exploration companies and operates exclusively in Canada. The company is listed on the TSX Venture Exchange and trades in Canadian dollars (CAD). As of May 4, 2025, the closing price of Zimtu Capital Corp.’s shares was CAD 0.04. The company’s market capitalization stands at CAD 2,550,000, with a 52-week high of CAD 0.06 on July 3, 2024, and a low of CAD 0.03 on April 21, 2025. The price-to-earnings ratio is currently 0.73099.

Market Developments

In related market news, Beyond Lithium Inc. has announced the acquisition of the Rare One Project in southeastern British Columbia. This project, covering 4,688 hectares, is located within the Rocky Mountain Rare Earth Belt in the Alkaline Province. The acquisition aims to expand Beyond Lithium’s critical minerals portfolio, with the project being free of any royalties, liens, or other encumbrances upon closing.

This article provides a concise overview of Zimtu Capital Corp.’s recent share consolidation and related market activities, focusing on the most pertinent financial and operational details.