home >> Taku Gold news >> may 9, 2007

Taku Gold News Room

May 9, 2007

Vancouver, B.C., Canada, CZM Capital Corp., (TSXV: CZM) is pleased to announce that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 21 and April 20, 2007.

Proceeds of this non-brokered private placement total $770,000. The private placement consists of 2,500,000 flow-through shares at 20 cents per share for proceeds of $500,000 and 1,500,000 common share units at 18 cents consisting of one common share and one share purchase warrant for proceeds of $270,000. Each warrant is exercisable into one common share for a period of two years from the closing date at a price of 30 cents per share. The shares are subject to a hold period of four months and one day from the date of issuance.

Number of Placees: 24

Insider/Pro Group Participation:

Finder's Fee:

$2,592 payable to HarbourCastle Capital Inc.
$30,000 payable to Boulder Investment Partners, Ltd.
$2,000 payable to Jeffrey Scarborough
150,000 Agent's Options payable to Haywood Securities

Each Agent option permits the holder to purchase one common share in the capital of the Company at a price of $0.20 for a term of 12 months.

The proceeds of the private placement will be allocated for the exploration and delineation of the TAG gold/silver property near Atlin, British Columbia.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

About CZM Capital Corp.
CZM Capital Corp. is a resource exploration company focused on the exploration and development of precious metal properties in Canada.

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.

Please read our Disclaimer.

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