Kaizen Discovery enters into Memorandum of Understanding for financing of the Pinaya Copper-Gold Project in Peru

22 December 2015

VANCOUVER, CANADA – Kaizen Discovery Inc. (TSXV: KZD) announced today that it has entered into a non-binding Memorandum of Understanding (MOU) with ITOCHU Corporation of Japan. Under the terms of the MOU, ITOCHU would receive a significant minority stake in Kaizen's Pinaya Copper-Gold Project in southeastern Peru, in exchange for sizable exploration financing.