Kaizen Discovery Inc. announced that it has appointed mining industry veteran Tom Peregoodoff as its new President and Chief Executive Officer (CEO), effective immediately. Mr. Peregoodoff will replace Eric Finlayson as the company's CEO. Mr. Finlayson has held the position on an interim basis since March 31, 2016, while the company completed its search for a qualified mining executive to replace him.

Mr. Finlayson will remain with Kaizen in his role as a director of the company. Mr. Peregoodoff will share his time between Kaizen and Peregrine Diamonds, where he will continue in his role as President and Chief Executive Officer. Mr. Peregoodoff has more than 25 years of mining and petroleum industry experience, including the last five years in senior management positions with Peregrine Diamonds.

Mr. Peregoodoff spent 18 years with BHP Billiton, where from 2008 to 2011 he was Vice President, Early Stage Exploration and was accountable for global early-stage exploration activities across all commodities.