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Kaizen Discovery Inc
Symbol KZD
Shares Issued 343,554,821
Close 2021-03-23 C$ 0.05
Recent Sedar Documents

Kaizen wins dismissal of AM Gold's B.C. court claim

2021-03-23 09:51 ET - News Release

Mr. Eric Finlayson reports

KAIZEN DISCOVERY ANNOUNCES POSITIVE RULING BY THE SUPREME COURT OF BRITISH COLUMBIA

The legal action against Kaizen Discovery Inc. 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 claims were unfounded, defending this action has been a significant drain on Kaizen's financial resources and management time since July of 2017. I am pleased to see such a comprehensive dismissal of the action by the Supreme Court of British Columbia and the company will now ask the trial judge to order that AM Gold pay Kaizen's costs on a full indemnity, 'special costs' basis."

About Kaizen Discovery Inc.

Kaizen is a Canadian mineral exploration and development company with exploration projects in Peru and Canada.

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