King Announces Agreement with Jack Giarraputo, Director Resignation
Vancouver, British Columbia June 30, 2026 - TheNewswire – King Global Ventures Inc. (CSE:KING) (OTCQB: KGLDF) (FSE: 5LM1) (the “Company” or “King Global”) is pleased to announce that the Company has entered into a Statement of Work Agreement (the “SOW”) with Jack Giarraputo (the “Consultant”) dated May 22, 2026. The Consultant is being retained to transform the Company’s mining story into institutional-quality media. The Consultant will provide creative production, marketing strategy and distribution support. The SOW shall have a term of six months from the date of execution of the SOW, unless terminated earlier in accordance with the terms of the SOW. The term may also be extended by mutual agreement of the Consultant and the Company.
In full consideration for the marketing services and sizzle reel production described in the SOW, the Company shall issue to the Consultant, at no cost, compensatory warrants to purchase 222,222 common shares of the Company at an exercise price of C$0.45 per share (the "Compensatory Warrants"). The key terms of the Compensatory Warrants shall be determined in a separate Warrant Agreement and shall include:
|
Parameter |
Detail |
|
Instrument |
Compensatory Warrants |
|
Number of Underlying Shares |
222,222 common shares |
|
Exercise Price |
C$0.45 per share |
|
Term |
Three (3) years from issuance |
|
Cashless Exercise |
No — exercise requires cash payment of the aggregate exercise price |
|
Transferability |
Non-transferable, except to an Affiliate of the Consultant or with prior written approval of the Board of Directors of the Company (which may be withheld in the Company's sole discretion) |
|
Vesting |
Fully vested upon issuance, subject to the Consultant's continued |
In addition to the Compensatory Warrants, the Company shall issue 44,444 warrants to cover the cost of the Consultant's professional video editor (the "Editor Warrants"). The Editor Warrants shall be issued on the same terms as the Compensatory Warrants (including exercise price and term) and may be issued directly to the editor or to the Consultant for allocation at his discretion. Issuance shall occur within ten (10) business days of execution of this SOW (or as otherwise mutually agreed). The Editor Warrants shall not include a cashless exercise feature and shall be subject to the same transferability restrictions as the Compensatory Warrants.
The Compensatory Warrants, together with the Editor Warrants shall constitute the Consultant's sole and complete compensation for all services under the SOW, including without limitation the sizzle reel production, ongoing marketing materials, and distribution support. No additional fees, commissions, success fees, finder's fees, referral fees, or equity of any kind shall be payable to the Consultant unless separately agreed in writing by the Company's Board of Directors.
The issuance of the Compensatory Warrants and the Editor Warrants are subject to the approval of the Canadian Securities Exchange.
The Company also announces the resignation of George Mendez from its Board of the Directors. The Company sincerely thanks Mr. Mendez for his dedicated service and valuable contributions to the Company during his tenure.
About King Global Ventures:
Black Canyon Property in Arizona
King Global Ventures is focused on the exploration of precious and base metals in North America. The Black Canyon Project in Yavapai County Arizona is comprised of 213 contiguous concessions covering a total area of 4,000 acres encompassing 15 former operating mines including the past producing Howard Copper Mine. The Black Canyon Project is situated 100 km (62 miles) north of Phoenix Arizona and 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, discovery and mining operations, including base metals from mining operations like Bagdad, Jerome and Cleopatra. The property is on trend and is approximately 13 km (8 miles) N.W. of Arizona Metals Corp. (T:AMC).
The Howard Copper Mine Property is located on 78 acres of patented land. Discovered in the early 1920’s, small scale production and development focused on high-grade copper. 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 Property
The Mikwam Gold Property is located in Noseworthy Township within the Abitibi Greenstone Belt of the Superior Province, northeastern Ontario. It lies along the Casa Berardi Deformation Zone that hosts Detour Gold’s Burntbush Property. The Mikwam deposit 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.
Additional information about King Global Ventures can be viewed at the Company's website at www.kingglobal.gold or at www.sedarplus.ca.
On behalf of King Global Ventures
Robert Dzisiak
Chief Executive Officer
204-955-4803
Neither the CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including but not limited to, the uncertainty of the financing, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals. Readers are cautioned that the assumptions used in preparing such information, although considered reasonable at the time of preparation, may prove imprecise and undue reliance should not be placed on forward-looking statements. Forward-looking statements in this press release are expressly qualified by this cautionary statement.
The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligations to update publicly or to revise any of the included forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities law.
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