Vancouver, British Columbia – August 13, 2008 – Petrol One Corp. (the “Company”) and
Zimtu Capital Corp. (“Zimtu”) announce the completion of the Share Exchange Agreement
dated March 7, 2008 with Flow Energy Ltd. (TSXv: FLO.P) (“Flow”). Flow has acquired all of
the issued and outstanding common shares of Zimtu from the Company. This share exchange
constituted Flow’s “Qualifying Transaction” as such term is defined in Policy 2.4 of the TSX
Venture Exchange (the “TSX”). Flow has filed its Filing Statement dated July 25, 2008, with the
TSX and on SEDAR and was brought back to trade on Monday, August 11, 2008, as a Tier 2
Investment Issuer under its new name, Zimtu Capital Corp. (TSXv: ZC).
Zimtu is an investment company whose assets consist of a portfolio of equity investments, cash
and equipment. As at June 15, 2008, the equity investment portfolio had a market value of
$14,458,319. Zimtu’s core holdings are Commerce Resources Corp., Western Potash Corp.
and Triple Dragon Resources Inc.
In consideration for the Zimtu Shares, Flow issued to the Company 50,000,000 Special
Warrants (the “Flow Securities”) at a deemed price of $0.12 per Flow Security. The Company,
in satisfaction of a share dividend owed to its shareholders as described in its news release
dated April 17, 2006, has directed that all of the Flow Securities be distributed to those
shareholders of the Company on record as of April 21, 2006. Shareholders of the Company will
receive 15.44 Flow Securities for every 1 common share they held of the Company as of that
date.
Shareholders of the Company of record who held their shareholdings in a brokerage account
are urged to contact their investment adviser to ensure that they receive their Flow Securities. It
is anticipated that the Flow Securities will be distributed by the end of the month.
For more information please contact:
David Hodge
Director
Petrol One Corp.
Phone: (604) 676-4285
Fax: (604) 681-8240
Email: dhodge@zimtu.com
www.petrolone.com
The CNQ has neither approved
nor disapproved the information contained herein.
