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Home : Kaizen and HPX Complete Conversion of Outstanding Loan Into Common Shares of Kaizen
Sep 24
2016

Kaizen and HPX Complete Conversion of Outstanding Loan Into Common Shares of Kaizen

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 23, 2016) - Kaizen Discovery Inc. (TSX VENTURE:KZD) announced today that, further to its September 15, 2016 news release, Kaizen has received approval from the TSX Venture Exchange and has converted the full amount of principal and interest owing on a loan facility provided to Kaizen by its majority shareholder, HPX TechCo Inc. (HPX), totaling approximately C$5.07 million, into common shares of Kaizen at a conversion price of C$0.1575 per share.
Source:http://www.marketwired.com/mw/release.do?id=2161089&sourceType=3
 
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