Kaizen Discovery Inc.

TSX VENTURE : KZD


January 06, 2014 07:30 ET

Kaizen Discovery Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 6, 2014) - Kaizen Discovery (TSX VENTURE:KZD) announced today that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain directors, officers, employees and consultants of the company to purchase up to an aggregate of 9,625,000 common shares in the capital stock of the company. The options are exercisable at a price of $0.63 per share and will vest 20% on the date of grant, with an additional 20% vesting on each anniversary of the date of grant thereafter until fully vested. The options will expire on January 4, 2019.

About Kaizen Discovery

Kaizen is a Canadian technology-focused mineral exploration company that was formed in late 2013 through a combination of Concordia Resource Corp. and assets acquired from HPX TechCo, a 100%-owned subsidiary of High Power Exploration. A strong management team and an experienced board, combined with the improved project portfolio and access to HPX TechCo's cutting-edge, proprietary technology, will help enable Kaizen to more effectively identify and advance world-class mineral projects.

More information on Kaizen is available at www.kaizendiscovery.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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