Kaizen Discovery arranges C$2.5 million in exploration financing for the Pinaya Copper-Gold Project in Peru
1 April 2016
VANCOUVER, CANADA — Kaizen Discovery Inc. (TSXV: KZD) announced today that it has entered into a strategic financing agreement with ITOCHU Corporation of Japan to advance Kaizen's exploration efforts at its Pinaya Copper-Gold Project in southeastern Peru. Under the terms of the agreement, ITOCHU will provide Kaizen with up to C$2.5 million in initial exploration funding for Pinaya, in exchange for an indirect 20% stake in the project.
