Mr. Sean Charland reports

ZIMTU CAPITAL CORP. ENTERS INTO OPTION AGREEMENT TO ACQUIRE INTEREST IN THE MONUMENT PEAK COPPER-SILVER PROJECT, IDAHO

Zimtu Capital Corp. has entered into a definitive mineral property option agreement dated Jan. 12, 2026, with Global Energy Metals Corp., pursuant to which Zimtu has been granted an exclusive option to acquire Global's 50-per-cent interest in the Monument Peak property, located in Lemhi county, Idaho, United States.

The Monument Peak property comprises a large contiguous land package situated on Bureau of Land Management (BLM) lands in central Idaho and hosts a high-grade, stratabound copper-silver system with local gold enrichment.

Transaction terms

Under the terms of the agreement, Zimtu has the option to acquire Global's 50-per-cent interest in the property by making aggregate cash payments of $650,000 and issuing common shares having an aggregate value of approximately $750,000, payable in staged instalments over a four-year period, subject to certain technical or time-based milestones.

Upon exercise of the option, Global will retain a 1.0-per-cent net smelter returns (NSR) royalty on the property, of which 0.5 per cent may be repurchased by Zimtu for $1-million if exercised within five years, or $2-million thereafter.

In addition, Zimtu has agreed to incur $1-million in exploration expenditures on the property within 12 months of closing, subject to extensions for permitting or access delays. During the option period, Zimtu will act as the exclusive operator of the property.

Any securities issued as consideration for the property will be subject to a statutory hold period of four months and one day from the date of issuance. In addition to the foregoing statutory hold period, any securities issued to Global will be subject to a voluntary hold period of 12 months from the date of issuance. The transaction is subject to approval of the TSX Venture Exchange.

Monument Peak property overview

The Monument Peak project consists of 84 contiguous, unpatented lode mining claims totalling approximately 689.77 hectares located within Lemhi county, Idaho. The project hosts two historical copper mines, Jackson and Hungry Hill, which saw limited production in the early 1900s.

Historical and modern exploration has confirmed the presence of high-grade copper-silver plus or minus gold mineralization along a three-plus-kilometre northwest-southeast structural trend.

About Zimtu Capital Corp.

Zimtu Capital is a public investment issuer that aspires to achieve long-term capital appreciation for its shareholders. 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.

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