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CZM News Room

May 22, 2009

CZM Announces Financing of $450,000

Vancouver, BC, Canada, CZM Capital Corp., (TSXV: ?CZM?), (?the Company?) is pleased to announce a non-brokered private placement consisting of up to 5,000,000 flow-through shares at 7 cents per share for proceeds of $350,000 and up to 2,000,000 common share units at 5 cents consisting of one common share and one share purchase warrant for proceeds of $100,000. Each warrant is exercisable into one common share for two years from the closing date at a price of 10 cents per share. 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.

Proceeds from this private placement will be allocated to the completion of an initial 43-101 resource calculation on CZM?s wholly-owned TAG Gold Project located in British Columbia as well as a summer 2009 drill program on the property and general working capital.

CZM Capital Corp. is a mineral resource company focused on the exploration and development of precious metal properties in Canada with a particular emphasis on the Tagish Lake region of Northern British Columbia.

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

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