home >> CZM news >> december 5, 2005
CZM Announces $306,000 Non-Brokered Financing
VANCOUVER, CANADA, CZM Capital Corp. (the "Company") is pleased to announce a non-brokered private placement of up to 2,720,000 units at 15 cents per unit for proceeds of $306,000. The units consist of 1,360,000 non-flow-through common shares and 1,360,000 share purchase warrants and 680,000 flow-through common shares and 680,000 non-flow-through share warrants. Each warrant is exercisable into one common share for one year from the closing date at a price of 20 cents per share. The proceeds of the private placement will be allocated primarily for the exploration of the Lorraine Mine Property as announced in the Company's news release dated October 26, 2005, and unallocated working capital. 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.
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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For further information please fill out an Information Request Form or call
1-905-377-0989.

