Kaizen Discovery Inc. announced 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 1,600,000 common shares in the capital stock of the company. The options are exercisable at a price of C$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 the [...]
Past diamond drilling returned significant intervals of copper and gold mineralization Kaizen Discovery Inc. is pleased to announce its intention to restart exploration activities at its 100%-owned Aspen Grove Project, located in southern British Columbia, Canada. In 2015, Kaizen completed a 6,389-metre diamond drill program targeting the Ketchan porphyry copper-gold prospect at the Aspen Grove Project. This was followed [...]
Kaizen Discovery Inc. announces today that at its Annual General and Special Meeting of Shareholders held on September 25, 2020, all Directors nominated as listed in the Management Information Circular dated August 7, 2020 were elected. Shareholders voted to set the number of Directors at three for the ensuing year. The detailed results are as follows: Director Votes For % Votes Withheld % David Boehm 238,118,805 99.74 [...]
Kaizen Discovery Inc. is pleased to announce that the Company has arranged an additional US$1.25 million short-term loan from its majority shareholder HPX TechCo Inc. ; a wholly-owned subsidiary of High Power Exploration Inc. HPX will advance funds under the Loan in its discretion from time to time upon request by Kaizen prior to the maturity date. The Loan is in addition to the existing short-term loan of US$2.15 million [...]
Drilling identifies potential for hypogene-enriched porphyry copper-gold system located at depth; HPX's proprietary Typhoon geophysical survey planned to further delineate target areas Kaizen Discovery Inc. is pleased to announce the results from recent exploration diamond drilling at its 100%-owned Pinaya Copper-Gold Project. The Pinaya Project is located in the prolific Andahuaylas-Yauri Porphyry-Skarn Belt in [...]
Kaizen Discovery Inc. today announces that due to restrictions on public gatherings enacted by both the Federal and Provincial governments in Canada in response to the COVID-19 pandemic and to help protect the health and well-being of its shareholders, employees and other stakeholders, Kaizen has made the decision to postpone its 2020 Annual General and Special Meeting . As the COVID-19 situation evolves and advice from [...]
Kaizen Discovery Inc. is pleased to announce the appointment of Lori Price as Chief Financial Officer. Ms. Price will be replacing outgoing CFO, Greg Shenton, who has announced his retirement. Ms. Price, a Canadian Chartered Professional Accountant , served as the Manager of Finance for Kaizen since April 2016 and has over 20 years of experience in various finance-related roles for mining and exploration companies. Prior [...]
Kaizen Discovery Inc. today announces that it is closely monitoring the impact of the Coronavirus disease and is prepared for the potential short-term impacts on its exploration projects in Peru and Canada. Kaizen's primary focus remains on the health and safety of all its employees and contractors as well as its host communities. To this end, all staff and contractors in both Peru and Canada are now working from home and [...]
Drill program to target three new porphyry/skarn prospects Kaizen Discovery Inc. is pleased to announce the commencement of a 1,500-metre exploration drilling program at its 100%-owned Pinaya Copper-Gold Project, located in the prolific Andahuaylas-Yauri Porphyry-Skarn Belt in southeastern Peru. Highlights: The Pinaya Project is accessible from the city of Arequipa via the paved all-weather Highway 30B, and then via the [...]
Kaizen Discovery Inc. is pleased to announce the arrangement of a short-term loan of US$2.15 million under an unsecured promissory note provided by its majority shareholder HPX TechCo Inc. ; a wholly-owned subsidiary of High Power Exploration Inc. The unsecured Loan has a maturity date of June 30, 2020, and has an interest rate of 10% per annum, compounding only at maturity. The interest rate will increase to 12% per [...]
Eric Finlayson to be appointed as interim President and Chief Executive Officer Kaizen Discovery Inc. announced today that Tom Peregoodoff is resigning as the company's President and Chief Executive Officer effective November 30, 2019 to pursue other opportunities. Mr. Peregoodoff has held the President and CEO roles since he joined Kaizen in January 2017. Eric Finlayson, Kaizen's Interim Chairman, will assume the [...]
Kaizen Discovery Inc. announced 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 1,600,000 common shares in the capital stock of the company. The options are exercisable at a price of C$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 the [...]