Zimtu Capital Corp V.ZC

Alternate Symbol(s): ZTMUF

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. In addition, it invests in, creates, and grows early-stage companies in the technology and cannabis sectors. It offers corporate development services and a cooperative marketing program to companies through its ZimtuADVANTAGE program. ZimtuADVANTAGE program focuses on marketing for public companies. It also owns three mining claims, including the Eagle Lake claims, Grove Lake claims and the Whitefish Lake claims located approximately 350 kilometers (km) northwest of Thunder Bay, Ontario. The Claims are comprised of a land package consisting of 89,120 hectares (891.2 square kilometers) across 17 claim groups prospective for spodumene-bearing lithium pegmatites.

TSXV:ZC - Post by User

Zimtu Capital Corp > NCIB

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Post by Malpeque2on Oct 12, 2022 2:16pm

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Post# 35020201

NCIB

Looks like at this discount to the "portfolio" investments the company should start a Normal Course Issuer Bid immediately to buyback shares. They have some cash on the books and could start selling down (and out) the smaller positions on the books and use those proceeds to buyback shares.

Shrink the float and increase the Net Asset Value per share for the remaining shares at this good discount to the NAV.

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