Zimtu Capital Corp. Enters into Option Agreement to Acquire Interest in the Monument Peak Copper-Silver Project, Idaho

Executive Summary

• Zimtu Capital Corp. entered a definitive option agreement to acquire Global Energy Metals’ 50 % interest in the Monument Peak Property, Idaho.
• The option requires aggregate cash payments of $650,000 and issuance of common shares valued at approximately $750,000, payable over four years and tied to technical/time milestones.
• Zimtu will commit $1 M of exploration spend within 12 months of closing and act as the exclusive operator; Global retains a 1 % NSR royalty (with a possible repurchase option).

Key Details

• Agreement Date: January 12, 2026.
• Consideration:
• Cash payments – total $650,000 (staged installments over four years).
• Common shares – aggregate value ≈ $750,000 (subject to statutory hold of 4 months + 1 day and a voluntary hold of 12 months).
• Royalty Terms: Global retains a 1.0 % NSR royalty; Zimtu may repurchase 0.5 % for $1 M if exercised within five years, or $2 M thereafter.
• Exploration Commitment: Zimtu to spend $1 M on exploration of the Property within twelve months of closing (extensions allowed for permitting/access delays).
• Operator Rights: During the option period, Zimtu will be the exclusive operator of Monument Peak.
• Property Description: 84 contiguous unpatented lode mining claims (~689.77 ha) in Lemhi County, Idaho, hosting historic copper mines (Jackson and Hungry Hill) and a high‑grade Cu‑Ag ± Au stratabound system along a >3 km structural trend.
• Regulatory Conditions: Transaction subject to TSX Venture Exchange approval.

Notable Quotes

“We are pleased to secure an exclusive option on the Monument Peak Property, which adds a high‑grade copper‑silver asset to our portfolio and aligns with our long‑term growth strategy.” – Sean Charland, President & Director, Zimtu Capital Corp.