~3,000 metres of diamond drilling to test shallow gold targets Ivanhoe Electric's proprietary Typhoon™ transmitter system to complete its largest-ever 3D IP survey Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. is pleased to announce the 2021 exploration program at the 100%-owned Pinaya Copper-Gold Project. The Pinaya Project is located in the prolific Andahuaylas-Yauri [...]
Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. announces today that it is undertaking a series of transactions to recapitalize and reorganize the Company to be implemented over the next 60 days: A C$7,500,000 rights offering, extended to all shareholders of Kaizen, backed by a stand-by guarantee of Ivanhoe Electric Inc., the Company's majority shareholder, with the proceeds used to [...]
Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. , is pleased to announce that the Company has arranged an additional US$1.2 million short-term loan from its majority shareholder HPX TechCo Inc. , a wholly-owned subsidiary of Ivanhoe Electric Inc. "We appreciate the continued support of our majority shareholder HPX as we make preparations for a new phase of exploration at our [...]
Kaizen Discovery Inc. announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to its independent directors to purchase up to an aggregate of 428,570 common shares in the capital stock of the company. The options are exercisable at a price of $0.07 per share and will vest 33 1/3% six months after the date of the grant, with an additional 33 1/3% vesting twelve months after the date [...]
Kaizen Discovery Inc. announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain employees to purchase up to an aggregate of 909,090 common shares in the capital stock of the company. The options are exercisable at a price of $0.055 per share and will vest 33 1/3% six months after the date of the grant, with an additional 33 1/3% vesting twelve months after the date and the [...]
Eric Finlayson, Interim President and Chief Executive Officer of Kaizen Discovery Inc. is pleased to announce that the Company has arranged an additional US$642,000 short-term loan from its majority shareholder HPX TechCo Inc. ; a wholly-owned subsidiary of High Power Exploration Inc. "We appreciate the continued support of our majority shareholder HPX as we continue to make preparations for a new phase of exploration at [...]
Planning underway for drilling of shallow gold targets HPX's deep-penetration induced polarization survey to search for porphyry copper-gold mineralization Kaizen Discovery Inc. is pleased to provide an exploration update for its 100%-owned Pinaya Copper-Gold Project. The Pinaya Project is located in the prolific Andahuaylas-Yauri Porphyry-Skarn Belt in southeastern Peru, which contains some of the world's largest recent [...]
Kaizen Discovery Inc. announces that the legal action against the Company initiated by AM Gold in 2017 through the Supreme Court of British Columbia has been dismissed by the Court, which "concluded that AMG's claims are all without merit." The judgment will be available on the Supreme Court's website. Kaizen's interim Chief Executive Officer Eric Finlayson commented: "While Kaizen has maintained throughout that AM Gold's [...]
Kaizen Discovery Inc. is pleased to announce that it has completed its previously announced non-brokered private placement . In connection with the closing of the Offering, the Company has issued an aggregate of 26,300,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $1,315,000. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles [...]
Kaizen Discovery Inc. is pleased to announce the appointment of Evan Young as Director of Investor Relations. Mr. Young will serve as a key point of contact for Kaizen and will coordinate the Company's investor relations activities. Mr. Young has significant experience in investor relations and corporate development, and concurrently serves as Director of Investor Relations for the TSX Venture-listed [...]
Kaizen Discovery Inc. announces that it proposes to complete a non-brokered private placement of up to 26,000,000 units of the Company at a price of $0.05 per Unit, for gross proceeds of up to $1,300,000. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder, on exercise, to purchase one Share for a period of 24 months following the closing [...]
Kaizen Discovery Inc. announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain employees and consultants to purchase up to an aggregate of 9,600,000 common shares in the capital stock of the company. The options are exercisable at a price of $0.05 per share and will vest 33 1/3% six months after the date of the grant, with an additional 33 1/3% vesting twelve months after [...]