Zimtu Capital Corp. Announces Warrant Extension and Modification Company" or " Exchange") for an amendment to the terms of the 712,000 warrants (the " Warrants") issued in connection with the Company's private placement that closed on March 20, 2019. The Company proposes to extend the expiry date of the Warrants from March 20, 2021 to March 20, 2024. In the same application, the Company has also asked for permission to decrease the exercise price of these Warrants to $0.20, the current market price of the Company's shares trading on the TSXv. All other terms of the Warrants will remain the same. The extension and the price amendment are subject to the approval of the Exchange.