16:22:42 EST Mon 06 Dec 2021
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Kaizen Discovery Inc
Symbol KZD
Shares Issued 658,284,265
Close 2021-10-08 C$ 0.05
Recent Sedar Documents

Kaizen Discovery 148,062,778 shares for debt

2021-10-08 17:09 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing the company's proposal to issue 148,062,778 shares to settle outstanding debt for $5,810,485 (U.S.).

Number of creditors:  one creditor

Insider:  Ivanhoe Electric (BVI) Inc., $5,810,485 (U.S.), 148,062,778 shares at five Canadian cents

The company issued a news release dated Sept. 30, 2021, when the shares were issued and the debt extinguished.

In accordance with Policy 2.5, effective at the market open, Wednesday, Oct. 13, 2021, the company's tier classification will change from Tier 1 to Tier 2.

Classification:  Tier 2, mining issuer

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