Mr. Robert Dzisiak reports
KING GLOBAL ANNOUNCES US $2.3 MILLION UNIT FINANCING
King Global Ventures Inc. is undertaking a non-brokered
private placement of up to $2.3-million (U.S.). The company will issue
up to 5.75 million units at a price of 40 U.S. cents per unit. Each unit consists of one common share
and one common share warrant. Each warrant entitles the holder to subscribe for one
additional common share for 75 U.S. cents for a period of two years from the date of closing.
The common shares and warrants comprising the units will be subject to a four-month-and-one-day hold period in accordance with the policies of the Canadian Securities Exchange and
applicable securities legislation.
The company intends to use the net proceeds of the private placement to continue
exploration and drilling on its Iron Horse and Black Canyon projects. The company will pay a
finder's fee in cash to qualified finders who assist in selling the units, as permitted by
Canadian Securities Exchange policy and applicable securities law.
The private placement is subject to certain conditions, but not limited to, the receipt of all
necessary approvals, including approval from the Canadian Securities Exchange. This news release replaces the company's June 18, 2026, news release.
About King Global Ventures Inc.
King Global Ventures is focused on the exploration of precious and base metals in North
America. The Black Canyon project in Yavapai county, Arizona, comprises 213 contiguous
concessions covering a total area of 3,800 acres, including 15 former-operating mines, including
the past-producing Howard copper mine, and is situated 100 kilometres (64 miles) north of Phoenix, Ariz. The Black Canyon project represents an early-stage exploration opportunity
targeting copper-gold-silver-zinc, volcanogenic massive sulphide (VMS) mineralization.
The geology of Yavapai county, Arizona, is notable due to the presence of a variety of base
and precious metal deposit types. The region has a significant history of exploration,
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discovery and mining operations, including base metals from mining operations like Bagdad,
Jerome and Cleopatra. The property is on trend, and is approximately eight kilometres (12 miles) northwest of
Arizona Metals and 100 kilometres (60 miles) south of the historic Jerome Copper mine.
The Howard copper mine property is located on 78 acres of patented land approximately 100
kilometres (64 miles) north of Phoenix, Ariz. Discovered in the early 1920s, small-scale production and
development focused on high-grade copper. An estimated 100,000 tonnes of copper grading
between 3 and 5 per cent copper were mined from the property until it was closed in 1942 due to the
inability to secure fuel rations during the Second World War. Historical reports state that the main shaft was
sunk to the 900-foot level, but that no ore was mined below the 500-foot level.
The Mikwam gold property is located in Noseworthy township within the Abitibi greenstone
belt of the Superior province in Northeastern Ontario. It lies along the Casa Berardi
deformation zone, which hosts Detour Gold's Burntbush property. The Mikwam property is
hosted within Timiskaming-aged polymictic conglomerate and greywacke units, and contains
disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins
and pyrite mineralization.
We seek Safe Harbor.
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