KING Feb 18 2026 Press Release
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February 18, 2026
Early Warning News Release Issued with Respect to the Acquisition of Securities of King Global
Ventures Inc.
Toronto, Ontario – February 18, 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 TAM Revocable Trust dtd 04/21/21 Thomas
Anthony Mello II, Trustee (“TAM”).
Ben Hudye
1. On July 1, 2025, Ben Hudye was granted 100,000 Restricted Share Units under the RSU/DSU
Plan of the Corporation (the “RSU Grant”). The RSU’s are exercisable at a price of $0.60 and
expire on July 1, 2030.
2. On July 1, 2025, Ben Hudye 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 $0.70 and
expire July 1, 2030.
3. On April 30, 2025 Hudye Inc., a company owned and controlled by Ben Hudye and Ben Hudye
together acquired 2,253,333 Units of the Corporation at a price of $0.45 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 $0.65 per share for a period of 2 years.
4. On February 10, 2026, Hudye Inc., and Ben Hudye together acquired ownership of 1,812,499
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 “Acquisitions”).
Prior to the Acquisitions, the Option Grant and the RSU Grant, the Ben and Greg Hudye Family
Trust and Ben Hudye beneficially owned and controlled, directly and indirectly, 1,400,000
Common Shares, 1,400,000 share purchase warrants, and 200,000 RSUs representing
approximately 6.63% of the outstanding Common Shares on a non-diluted basis and 14.21% of
the issued and outstanding Shares on a partially-diluted basis (assuming the conversion of all of
the warrants into Common Shares and the exercise of all of the RSU’s ).
After the Acquisitions, Option Grant and RSU Grant, Hudye Inc., the Ben and Greg Hudye Family
Trust and Ben Hudye beneficially own and control, 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).
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On February 10, 2026, TAM Revocable Trust dtd 04/21/21 Thomas Anthony Mello II, Trustee
(“TAM”) acquired ownership of 572,500 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.
Prior to the Acquisition TAM beneficially owned and controlled, directly and indirectly, 3,081,237
Common Shares and 3,081,237 share purchase warrants, representing approximately 7.5% of the
outstanding Common Shares on a non-diluted basis and 11.54% of the issued and outstanding
Shares on a partially-diluted basis (assuming the conversion of all of its warrants into Common
Shares).
Upon completion of the Acquisition, TAM beneficially owned and controlled, directly and indirectly,
3,653,737 Common Shares and 3,653,737 share purchase warrants, representing approximately
7.55% of the outstanding Common Shares on a non-diluted basis and 13.85% of the issued and
outstanding Shares on a partially-diluted basis (assuming the conversion of all of its warrants into
Common Shares).
The Common Share Units were acquired for investment purposes. Ben Hudye, including those entities
which he controls, and TAM 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 TAM 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.