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CZM News Room

April 26, 2005

Private Placement Closed
Vancouver B.C. - CZM Capital Corp. (TSXV: CZM) is pleased to announce that the private placement, first announced on June 24th, 2004, has been accepted by the TSX Venture Exchange.

The proceeds of the non-brokered private placement total 3,070,000 units at 10 cents per unit for proceeds of $307,000. The units consist of 3,070,000 common shares and 3,070,000 share purchase warrants comprising 1,000,000 flow-through common shares and 2,070,000 non-flow-through common shares and 3,070,000 non-flow-through warrants. Each warrant is exercisable into one common share for two years at a price of 12.5 cents per share in the first year and 15 cents per share in the second year.

The proceeds of the private placement have been allocated primarily for the exploration of the Lorraine Mine Property, plus public company administrative expenses and unallocated working capital. The shares are subject to a hold period of four months and this hold period expires on August 26, 2005 Following the issuance of the private placement shares, the company will have a total of 5,120,000 common shares issued and outstanding.

For further information on CZM Capital Corp. please call 604-642-0115.

On behalf of CZM Capital Corp.,
Zachery Dingsdale
President & CEO

CZM Capital Corp. is a resource exploration company focused on the exploration and development of precious and base metal properties in Canada.

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