Zimtu Capital Corp. Announces Contract with Emerita Resources Corp.

VANCOUVER, August 14, 2020 - Zimtu Capital Corp. (TSXV:ZC)(FSE:ZCT1) (the "Company" or "Zimtu") announces it has signed an agreement with Emerita Resources Corp. (EMO) to provide its ZimtuADVANTAGE program. Zimtu shall receive $8,333 per month for a period of twelve months, with the entire 12 months payable at the beginning of the contract.

ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple aspects of being a public company. The services may include building financial networks, building business networks, shared costs with other public companies, building a social media presence, conference opportunities, media outlets and guidance and special group pricing provided by Zimtu's network of public company professionals. The program provides the flexibility to allow companies to customize the products and services to best support their needs.

About Emerita Resources Corp.

Emerita Resources is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company's corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada. The company recently announced it had been awarded the Paymogo / La Romanera mining rights in Huelva province following a resolution by the Supreme Court of Spain. The Paymogo / La Romanera project occurs within the renowned Iberian Pyrite Belt, one of the most highly mineralized volcanogenic massive sulfide (VMS) terranes in the world.

About Zimtu Capital Corp.

Zimtu Capital Corp. is a public investment issuer that invests with the objective of achieving long-term capital appreciation for its shareholders. The Company utilizes its capital base and long-term horizon to invest in unique situations; primarily micro cap, special situations, and illiquid public and private companies. Zimtu Capital companies may operate in the fields of mineral exploration, mining, technology, life sciences or investment. The Company trades on the TSX Venture Exchange under the symbol "ZC" and Frankfurt under symbol "ZCT1". For more information please visit http://www.zimtu.com.

On Behalf of the Board of Directors

Zimtu Capital Corp.

"David Hodge"
David Hodge
President & Director
Tel: 604.681.1568

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Zimtu Capital Corp.