Prior to vacating the Japanese title had made 2 defenses of the title, over-coming both Shin Ono and Kenta Matsui, and the 24 year old has been on the radar since claiming the 2014 Rookie of the Year crown at Minimumweight. As for Canizales his most notable bout is a split decision draw with Ryoichi Taguchi, the now WBA "unified" champion, back in 2016. Since then he has strung together 3 stoppage wins and has a reputation as one of the division's biggest punchers.
The bout is expected to be announced shortly, with Shinsei likely to hold a press conference in the next week or so, and officially confirm the bout to the Japanese press, though press in Venezuela have already reported the bout as having been confirmed by multiple parties, with ciudadccs.info reporting the story as a done deal as well.
As of the time of writing no Japanese channel is confirmed to be airing the card, but it does seem that, with two title fights on the show, someone will be picking it up shortly.
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