- Kaizen Discovery Inc. announces today the completion of the acquisition by Ivanhoe Electric Inc. of all of the issued and outstanding common shares of the Company not already beneficially owned by IE pursuant to a plan of arrangement under the Business Corporations Act . Immediately prior to the closing of the Arrangement, IE beneficially owned 54,428,971 Common Shares, representing 82.54% of the issued and outstanding [...]
Kaizen Discovery Inc. announces today that it obtained a final order from the Supreme Court of BC with respect to the previously announced plan of arrangement under the Business Corporations Act , pursuant to which Ivanhoe Electric Inc. will acquire all of the outstanding common shares of Kaizen not already beneficially owned by IE. Receipt of the final order follows the approval of the Arrangement by Company [...]
Voting must be submitted by no later than 11:00 a.m. on Thursday, January 25, 2024 The Disinterested Members of the Board of Directors of Kaizen Discovery Inc. unanimously recommend that securityholders vote FOR the Arrangement Resolution For any questions, please contact Kaizen's strategic shareholder advisor and proxy solicitation agent, Laurel Hill Advisory Group, toll free at 1-877-452-7184 or by email at [...]
Kaizen Discovery Inc. , announces today that the Company has entered into a definitive arrangement agreement pursuant to which Ivanhoe Electric Inc. will acquire all of the outstanding common shares of Kaizen not already beneficially owned by IE in an all-share transaction . IE currently owns, through its subsidiary Ivanhoe Electric Inc., 54,428,970 Company Shares, or approximately 82.54% of Company Shares outstanding [...]
Kaizen Discovery Inc. , announces today that the Company has signed a Share Purchase Agreement with Durango Gold Corp. , a private US mineral exploration company, for the sale of the Company's Coppermine Project located in Nunavut, Canada. Durango Gold will acquire 100% ownership of Tundra Copper Corp., a wholly owned subsidiary of Kaizen, which holds all mineral claims and prospecting permits related to the Coppermine [...]
Kaizen Discovery Inc. , announces today that the Company has signed a Share Purchase Agreement with Pinwheel Resources Ltd. , a private Canadian mineral exploration company, for the sale of the Company's Aspen Grove and Tanzilla Projects located in British Columbia, Canada. Under the transaction, Pinwheel will acquire 100% ownership of West Cirque Resources Ltd., a wholly owned subsidiary of Kaizen, which holds all [...]
Kaizen Discovery Inc. announces today that it has arranged a short-term loan of C$2 million from Kaizen's indirect majority shareholder, Ivanhoe Electric Inc. . IE will advance funds under the Short-Term Loan at its discretion from time to time upon request by Kaizen prior to the maturity date. The Short-Term Loan will be evidenced on a grid promissory note and will bear interest at 12% per annum, compounding only at [...]
Kaizen Discovery Inc. announces today that, pursuant to its three equity incentive plans as approved by the Shareholders at the June 23, 2022 Annual General Meeting, the Board of Directors have approved an aggregate of 3,473,892 in stock options , long term incentive grants and deferred share units to its directors, officers, consultants and staff to acquire up to an aggregate of 3,473,892 common shares in the capital of [...]
Drill Permit Applications for the New Targets are Underway Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. is pleased to report positive results from the recently completed 92 km2 Induced Polarization and Resistivity survey at the 100%-owned Pinaya Copper-Gold Project, located in the Andahuaylas-Yauri Porphyry-Skarn Belt in southeastern Peru. This belt contains some of the world's [...]
Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. , is pleased to announce that the Supreme Court of Canada today issued a judgment dismissing, with costs, the application of AM Gold Inc. seeking leave to appeal the decision of the British Columbia Court of Appeal dated January 21, 2022 . The Supreme Court of Canada today issued a judgment dismissing, with costs, the application of [...]
Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. otherwise "Kaizen" or the "Company"), is pleased to report that a 129km2 TyphoonTM IP-resistivity survey is underway at the 100%-owned Pinaya Copper-Gold Project, located in the Andahuaylas-Yauri Porphyry-Skarn Belt in southeastern Peru, which contains some of the world's largest recent copper mine developments. Photo 1: Getting [...]
Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. otherwise , is pleased to announce positive results from recently completed exploration diamond drilling at the 100%-owned Pinaya Copper-Gold Project, located in the Andahuaylas-Yauri Porphyry-Skarn Belt in southeastern Peru, which contains some of the world's largest recent copper mine developments. Highlights: Kaizen completed a total [...]