Sean Charland, a Director, acquired 3,125,000 Common Shares on a direct ownership basis at a price of $0.080 through a private transaction on May 1st, 2023. The insider also acquired 3,125,000 Warrants with an exercise price of $0.100 for three years. This represents a $250,000 investment into the company's shares and an account share holdings change of greater than 100%.
David Hodge, CEO and Director, acquired 1,562,500 Common Shares and 1,562,500 Warrants on a direct ownership basis. This represents a $125,000 investment into the company's shares and an account share holdings change of greater than 100%.
Three other insiders also participated in smaller amounts.
Zimtu Capital Corp. is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.
Zimtu Capital Corp. is an investment issuer company that operates in the fields of mineral exploration, mining, technology and life sciences. The Company's principal business activities are investments in junior resource companies, mineral resource property acquisitions and dispositions, and the provision of management services. The Company also locates and acquires mineral properties of merit and connects them with public resource companies. Its projects are normally acquired on a 50-50% basis with geological and prospecting partners with proceeds from sales split the same. In addition, the Company invests in, creates and grows early-stage companies in the technology and emerging cannabis sectors. The Company offers corporate development services and a cooperative marketing program to companies through its ZimtuADVANTAGE program. Its ZimtuADVANTAGE program is focused on marketing for public companies by providing opportunities, guidance, cost savings and assistance.
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