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Zimtu Capital ( (TSE:ZC) ) has shared an announcement.
Zimtu Capital Corp. has acquired 2,408,200 units of Sceptre Ventures Inc. through a private placement, increasing its stake to 33.33% on a partially diluted basis. This acquisition, aimed at investment purposes, triggered the need for an early warning report due to surpassing a 2% threshold of Sceptre’s issued shares, highlighting Zimtu’s strategic positioning in the market.
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. It is listed on the TSX Venture Exchange and the Frankfurt Exchange.
YTD Price Performance: -50.0%
Average Trading Volume: 35,000
Technical Sentiment Signal: Buy
Current Market Cap: $1.32M
Learn more about ZC stock on TipRanks’ Stock Analysis page.