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Shares Issued: 29,465,416

August 13, 2008

CZM Amends Terms of $600,000 Financing

Vancouver, BC, Canada, CZM Capital Corp., (TSXV: "CZM"), ("the Company") is amending the terms of a non-brokered private placement previously announced on August 5, 2008. The financing will now consist of up to 3,500,000 flow-through shares at 15 cents per share for proceeds of $525,000 and up to 500,000 common share units at 15 cents consisting of one common share and one share purchase warrant for proceeds of $75,000. Each warrant is exercisable into one common share for one year from the closing date at a price of 20 cents per share. The shares are subject to a hold period of four months and one day from the date of issuance. Finder's fees will be paid in connection with this financing.

CZM Capital Corp. is a mineral resource company focused on the exploration and development of precious metal properties in Canada with a particular emphasis on the Tagish Lake region of Northern British Columbia.

For further information please visit our website at www.czmcapital.com or call 1-800-610-9552.

Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above and in the corporation's periodic filings with the British Columbia Securities Commission and the U.S. Securities Exchange Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The corporation does not intend to update this information and disclaims any legal liability to the contrary.

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