Zimtu will provide the company with its ZimtuADVANTAGE program, designed to provide guidance, cost savings and assistance to clients covering multiple aspects of being a public company.
Under the terms, Zimtu shall receive $6,250 per month, payable in advance for 12 months.
The contract is conditional upon TSX venture exchange approval.
Yesterday, Ximen announced Thursday a flow-through financing.
The Vancouver-headquartered company has arranged a private placing of 1.8 million flow-through shares at $0.30 each for gross proceeds of $540,000.
Ximen’s two gold projects, the Gold Drop project and the Brett gold project, are located in southern British Columbia.
It also owns the Treasure Mountain silver project, which is adjacent to the past-producing Huldra Silver mine and near Hope, British Columbia.