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April 27, 2005

CZM Listed on TSX Venture Exchange as Qualifying Transaction is Approved
The TSX Venture Exchange has accepted for filing CZM Capital Corp.'s qualifying transaction and related transactions, all as principally described in its information circular dated Feb. 18, 2005. As a result, effective at the opening on April 27, 2005, the company will no longer be considered a capital pool company. The QT includes the following matter, which has been accepted by the exchange:

The company has acquired an option to acquire a 51-per-cent interest in the Lorraine mine property from Hinterland Metals Inc. The property will be the company's principal property and the acquisition thereof serves as the basis for the QT. The property comprises 30 claims covering an area of 1,306.91 hectares in western Quebec. The property is an exploration stage mineral resource property.

In order to exercise the option and earn a 51-per-cent interest in the property, the company must: (i) issue a total of 500,000 common shares to Hinterland over a four-year time frame; and (ii) incur a total of $1-million in exploration expenditures on the property over a four-year time frame. The company is not required to make any cash payments directly to Hinterland.

No finder's fee is payable in respect of the company's acquisition of the option on the property.

Insider/pro group participation:  None. Hinterland is at arm's length to the company.

The exchange has been advised that the QT, which was approved by the shareholders on April 4, 2005, is to be completed upon the issuance of this bulletin.

For additional information, refer to the information circular, which has been accepted for filing by the exchange.

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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1-905-377-0989.