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CZM News Room

November 22 , 2006

CZM Closes $307,500 Non-Brokered Financing
Vancouver, B.C., Canada, CZM Capital Corp. (the "Company"), (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 Nov. 8, 2006.

Proceeds of this non-brokered private placement total $307,500. The private placement consists of 1.23 million flow-through shares at $0.25. The proceeds of the private placement will be allocated for the exploration and delineation of the TAG gold/silver property that the Company is currently drilling. The shares are subject to a hold period of four months and one day from the date of issuance. No finder's fees will be paid in connection with this financing.

In June 2006, CZM announced results from twelve holes drilled on the "Main Zone" and "Bearox Zone" of its TAG gold-silver property within the Atlin Mining Division of British Columbia. The Property is located 6 km north of the past producing Engineer Mine.

Grades from drilling range up to 7.5g/t Au and to 106.5g/t Ag.

CZM constructed a year round camp on the TAG property in October and began drilling up to 2000m of NQ-core diamond drilling on November 1, 2006. Drilling will test for further mineralization along the 6km long fault structure that crosses the TAG property and test the structure at depth on the Main Zone. Metal values from surface sampling to date, range up to 18.7 g/t Au, 1374 g/t Ag. The objective of the program will be to test for ore grade gold and silver along the fault structure.

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.

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