16 September 2016
VANCOUVER, CANADA – Kaizen Discovery Inc. (TSXV: KZD) announced today that it has agreed with its majority shareholder, HPX TechCo Inc. (HPX), to convert the full amount of principal and interest owing on a loan facility provided to Kaizen by HPX , totaling approximately C$5.07 million, into common shares of Kaizen at a conversion price of C$0.1575 per share.