Kaizen Discovery Appoints Steve Vanry as Executive Vice President, Corporate Development

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 24, 2014) - Kaizen Discovery (TSX VENTURE:KZD) today announced the appointment of Steve Vanry, CFA, CIM, as the company's Executive Vice President, Corporate Development, effective immediately. Mr. Vanry will work closely with Kaizen's President and CEO, B. Matthew Hornor, to oversee Kaizen's strategic and business development activities.

Mr. Vanry joins Kaizen from B.C.-based West Cirque Resources, where he was President, Chief Executive Officer and a Director. West Cirque Resources was acquired by Kaizen in an all-share transaction that closed earlier this month.

Mr. Vanry's career includes 24 years with public and private natural resources companies at both the management and board levels, concentrated in fund raising, mergers and acquisitions, regulatory compliance and financial reporting. He serves as a director and officer of several public companies in the natural resources sector, providing guidance in the areas of corporate finance and capital markets.

He is a member of the CFA Institute, the Vancouver Society of Financial Analysts and the Board of Directors of the British Columbia Association for Mineral Exploration.

"I am extremely pleased to have Steve join the executive team at Kaizen. He brings a wealth of experience in a variety of areas that will increase the strength and depth of our management group," said Mr. Hornor.

Mr. Vanry is the second senior executive to join Kaizen from West Cirque Resources. John Bradford, P.Geo., was appointed as Kaizen's Chief Geologist earlier this month. Mr. Bradford will provide geological oversight to the company's exploration programs at the Tanzilla and Aspen Grove projects in Canada, the Fairholme Project in Australia and the Ebende Project in the Democratic Republic of Congo.

Mr. Vanry's appointment is subject to customary approval of the TSX Venture Exchange.

About Kaizen Discovery

Kaizen is a Canadian technology-focused, mineral exploration company that was formed in late 2013 through a combination of Concordia Resource Corp. and assets acquired from HPX TechCo Inc., a 100%-owned subsidiary of High Power Exploration Inc. With its collaboration agreement with ITOCHU of Japan and access to HPX TechCo's proprietary geophysical technology, Kaizen's long-term growth strategy is to work with Japanese partners to identify, explore and develop high-quality mineral projects that have the potential to produce and deliver minerals to Japan's industrial sector.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.