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Kaizen Discovery Inc. - $CCNCF STOCK NEWS

Welcome to our dedicated page for Kaizen Discovery news (Ticker: $CCNCF), a resource for investors and traders seeking the latest updates and insights on Kaizen Discovery stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kaizen Discovery's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kaizen Discovery's position in the market.

Rhea-AI Summary
Kaizen Discovery Inc. announces the completion of its acquisition by Ivanhoe Electric Inc., making Kaizen a wholly-owned subsidiary of IE. The acquisition involved the issuance of one share of common stock of IE for every 127 Common Shares. The Common Shares are expected to be de-listed from the TSX Venture Exchange, and the Company is expected to cease to be a reporting issuer in the applicable jurisdictions.
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Kaizen Discovery Inc. announces the final court order for the acquisition by Ivanhoe Electric Inc. of all outstanding common shares. The approval was obtained from the Supreme Court of British Columbia and the majority of the Company securityholders and minority of Company shareholders. The closing of the Arrangement is anticipated to be completed on February 6, 2024.
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Kaizen Discovery Inc. (TSXV: KZD) has entered into a definitive arrangement agreement with Ivanhoe Electric Inc. for an all-share transaction. Under the agreement, each holder of Company Shares will receive one common share of IE for every 127 Company Shares held. The arrangement offers an implied premium of 11.38% to the closing price of the Company Shares on December 1, 2023. The transaction aims to provide Kaizen shareholders with the opportunity to participate in the potential future increase in value of IE, increased liquidity, and avoids highly-dilutive equity financings. The Arrangement is expected to be effective in February 2024, subject to various approvals and conditions.
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Kaizen Discovery Inc. (TSXV: KZD) has signed a Share Purchase Agreement with Durango Gold Corp. for the sale of the Coppermine Project in Nunavut, Canada. Durango Gold will acquire 100% ownership of Tundra Copper Corp., a Kaizen subsidiary, for US$100,000 in cash, US$750,000 in common shares, and a 3% net smelter returns royalty. The transaction is expected to close by the end of November 2023.
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Kaizen Discovery Inc. (TSXV: KZD) announces the sale of Aspen Grove and Tanzilla Projects in British Columbia, Canada to Pinwheel Resources Ltd. for C$10 and a 2% net smelter returns royalty. Pinwheel can purchase back 0.5% of the royalty for C$2 million before the feasibility study publication. The transaction is expected to close by the end of November 2023.
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Kaizen Discovery Inc.

OTC:CCNCF

CCNCF Rankings

CCNCF Stock Data

6.59M
11.34M
84.7%
1.21%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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