BULLETIN V2025-4011
ZIMTU CAPITAL CORP.("ZC")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: December 10, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted the Company's warrant incentive program (the "Warrant Incentive Program) designed to encourage the exercise of up to 5,642,864 existing warrants of the Company. This total is comprised of 2,428,556 warrants exercisable at $0.45 until February 21, 2028, and a combination of 2,751,808 warrants and 462,500 warrants are both exercisable at $0.50, expiring on May 1, 2026, and July 14, 2026, respectively.
Pursuant to the Warrant Incentive Program, each of the holders of warrants that exercised warrants during an early exercise period (the "Early Exercise Period") received an additional one common share purchase warrant entitling such holder to acquire one common share of the Company at a price of $0.75 per share for a two-year period.
The Early Exercise Period commenced on October 27, 2025, and expired on November 26, 2025.
In connection with the Warrant Incentive Program, a total of 4,359,687 warrants were exercised, providing gross proceeds of $2,090,802.65 to the Company and resulting in the Company issuing 4,359,687 Common Shares and 4,359,687 Incentive Warrants as follows:
Number of shares issued upon exercise of existing warrants: 4,359,687 common shares
Purchase Price (exercise price of the existing warrants): $0.45 per share (1,780,817 existing warrants)
$0.50 per share (2,578,870 existing warrants)
Incentive Warrants: 4,359,687 share purchase warrants to purchase 4,359,687 shares.
Incentive Warrant Exercise Price: $0.75 per share for a two-year period
Commissions in Securities: nil
All warrants that were not exercised under the Warrant Incentive Program continued to be exercisable on their existing terms.
For further details, please refer to the Company's news releases dated October 24, 2025 and December 1, 2025.
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