An announcement from Zimtu Capital ( (TSE:ZC) ) is now available.
Zimtu Capital Corp. has acquired 1,315,790 units of Xander Resources Inc. through a private placement, marking its first ownership stake in the company. This acquisition represents 16.6% of Xander’s common shares on an undiluted basis and 28.5% on a partially diluted basis, potentially impacting Zimtu’s investment portfolio and market influence in the resource exploration sector.
More about Zimtu Capital
Zimtu Capital Corp. is a public investment issuer focused on achieving long-term capital appreciation for its shareholders. The company operates in various sectors, including mineral exploration, mining, technology, life sciences, and investment. Zimtu Capital is listed on the TSX Venture Exchange and the Frankfurt Stock Exchange.
YTD Price Performance: -50.0%
Average Trading Volume: 35,000
Technical Sentiment Signal: Buy
Current Market Cap: $1.33M
For a thorough assessment of ZC stock, go to TipRanks’ Stock Analysis page.