Kaizen Discovery grants stock options

29 April 2021

Kaizen Discovery Inc. (TSXV: KZD; otherwise "Kaizen" or "the Company") announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain employees to purchase up to an aggregate of 909,090 common shares in the capital stock of the company. 
The options are exercisable at a price of $0.055 per share and will vest 33 1/3% six (6) months after the date of the grant, with an additional 33 1/3% vesting twelve (12) months after the date and the remaining 33 1/3% vesting two (2) years after the date of grant.  The options expire on April 28, 2026.