Early Warning News Release Issued with Respect to the Acquisition of Securities of King Global
NOT FOR DISTRIBUTION IN THE U.S. OR DISSEMINATION THROUGH U.S. NEWSWIRE SERVICES
Early Warning News Release Issued with Respect to the Acquisition of Securities of King Global
Ventures Inc.
Toronto, Ontario – March 3, 2026 – This news release is being disseminated as required by National
Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting
Issues, in connection with the acquisition of ownership, control or direction over securities of King Global
Ventures Inc. (“King” or the “Corporation”) (CSE: KING) (OTC: KGLDF) (FSE: 5LM1) by two investors,
Ben Hudye, director and chairman of the Corporation, and Joseph Polish, director of the Corporation.
Ben Hudye
On March 2, 2026, Hudye Inc. (“HI”), a company owned and controlled by Ben Hudye, acquired
ownership of 1,250,000 Units of the Corporation, at a price of $0.60 per Unit. The Units were purchased
from the Corporation on a private placement basis. Each Unit is comprised of one common share and
one non-transferable common share purchase warrant (“Warrant”). Each Warrant is exercisable to
acquire one common share of the Corporation at an exercise price of $0.90 per share for a period of 2
years (collectively (the “Acquisition”).
Prior to the Acquisition, HI, the Ben and Greg Hudye Family Trust (the “Trust”) and Ben Hudye
beneficially owned and controlled, directly and indirectly, 5,465,832 Common Shares, 5,465,832 share
purchase warrants, 300,000 RSU’s and 100,000 Options representing 11.30% of the outstanding
Common Shares on a non-diluted basis and 21.48% of the issued and outstanding Shares on a partially-
diluted basis (assuming the conversion of all of the warrants into Common Shares and exercise of all the
RSUs and Options).
After the Acquisition, HI, the Trust and Ben Hudye beneficially own and control, directly and indirectly,
6,715,832 Common Shares, 6,715,832 common share purchase warrants, 300,000 RSU’s and 100,000
Options representing 13.27% of the outstanding Common Shares on a non-diluted basis and 23.96% of
the issued and outstanding Shares on a partially-diluted basis (assuming the conversion of all of the
warrants into Common Shares and exercise of all the RSUs and Options).
Joseph Polish
1. On January 15, 2025 Joseph Polish was granted 100,000 Stock Options under the Stock Option
Plan of the Corporation (the “Option Grant”). The Options are exercisable at a price of $0.35 and expire
January 15, 2030.
2. On April 30, 2025 the Breathe Trust, a company owned and controlled by Mr. Polish, acquired
1,588,888 Units of the Corporation at a price of $0.45 per Unit (collectively with the March 2, 2026
acquisition, the “Acquisitions”). The Units were purchased from the Corporation on a private placement
basis. Each Unit is comprised of one common share and one non-transferable common share purchase
warrant (“Warrant”). Each Warrant is exercisable to acquire one common share of the Corporation at an
exercise price of $0.65 per share for a period of 2 years.
3. On July 1, 2025 Mr. Polish was granted 50,000 Restricted Share Units under the RSU/DSU Plan
of the Corporation (the “RSU Grant”). The RSU’s are exercisable at a price of $0.70 and expire on July
1, 2030.
4. On July 1, 2025, Mr. Polish was granted 50,000 Stock Options under the Stock Option Plan of
the Corporation (the “Option Grant”). The Options are exercisable at a price of $0.70 and expire July 1,
2030.
5. On March 2, 2026, the Breathe Trust acquired ownership of 303,333 Units of the Corporation at
a price of $0.60 per Unit. The Units were purchased from the Corporation on a private placement basis.
Each Unit is comprised of one common share and one non-transferable common share purchase warrant
(“Warrant”). Each Warrant is exercisable to acquire one common share of the Corporation at an exercise
price of $0.90 per share for a period of 2 years. The Trust is controlled by Joe Polish.
Prior to the Acquisitions, the RSU Grant and Option Grants, the Breathe Trust beneficially owned and
controlled, directly and indirectly, 1,620,000 Common Shares and 1,620,000 share purchase warrants,
representing approximately 7.73% of the outstanding Common Shares on a non-diluted basis and
15.48% of the issued and outstanding Shares on a partially-diluted basis (assuming the conversion of all
of the warrants into Common Shares).
After the Acquisitions, Option Grants and RSU Grant, the Breath Trust and Mr. Polish beneficially own
and control, directly and indirectly, 3,512,221 Common Shares, 3,512,221 share purchase warrants,
50,000 RSU’s and 150,000 Options representing 6.94% of the outstanding Common Shares on a non-
diluted basis and 13.30% of the issued and outstanding Shares on a partially-diluted basis (assuming
the conversion of all of the warrants into Common Shares and exercise of all the RSUs and Options).
The Common Share Units were acquired for investment purposes. Ben Hudye, including those entities
which he controls, and Joseph Polish, including those entities which he controls, have a long-term view
of the investment and may acquire additional securities of the Corporation including on the open market
or through private acquisitions or sell the securities including on the open market or through private
dispositions in the future depending on market conditions, reformulation of plans and/or other relevant
factors.
An early warning report has been filed by Ben Hudye and Joseph Polish under applicable securities laws
and will be available on the King SEDAR+ profile at www.sedarplus.ca. A copy of the early warning
reports may also be obtained by contacting Robert Dzisiak at (204) 955-4803, [email protected]
About King Global Ventures
Additional information about King Ventures can be viewed at the Company's website
at www.kingtsxv.com or at www.sedaplus.ca.
On behalf of King Global Ventures
Robert Dzisiak
Chief Executive Officer
204-955-4803
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.