King Global Ventures To Revive the Rich Mining Legacy of Cleator, Arizona

November 4, 2024

King Global Ventures To Revive the Rich Mining Legacy of

Cleator, Arizona

NOT FOR DISTRIBUTION IN THE U.S. OR DISSEMINATION THROUGH U.S. NEWSWIRE SERVICES

Toronto, Ontario – November 4, 2024 – King Global Ventures Inc. (CSE: KING) (OTC: KGLDF)

(FSE: 5LM1) (the "Company" or “King Global”) is pleased to announce that it has entered into

an agreement with a private Arizona company to acquire 10% of the private town of Cleator

Arizona, located in the historic Black Canyon mining district of Arizona, approximately a 90

minute drive north of Phoenix for US$500,000, to be satisfied by the issuance of units at $0.35,

each unit consisting of one common share and one share purchase warrant exercisable for 2

years at $0.50.

Cleator, Arizona a once-thriving mining town established in the late 19th century, is part of the

Bradshaw Mountain mining boom. Cleator is located on patented land and will serve as a base

for the Company’s operations on its Silver Cord Project. “Cleator offers a rare opportunity to

blend history with significant modern -day potential,” said Jason Campbell, a new board

member of King Global and the sheriff of Cleator.

Ben Hudye, the Chairman of King emphasized, “Our team is committed to reviving Cleator’s

rich mining history and community centre. Our goal is to bring real value not only to our

shareholders but also to the communities where we operate. We are very excited about

helping to develop Cleator as a modern day, ghost town.

The closing of the transaction is subject to a number of usual conditions, including due

diligence, receipt of an appraisal from a qualified valuator, board approval and Canadian

Securities Exchange approval.

This transaction falls into the related party transaction category, as three of the shareholders

of the vendor are insiders and directors of the Company. The Company has relied on the

exemptions from the valuation and minority shareholder approval requirements of MI 61-101

contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation. In

addition, the related party directors have recused themselves from all board discussions and

decisions in relation to this potential transaction.

About King Global Ventures:

Silver Cord Property in Arizona

King Global Ventures is focused on the exploration of precious metals in North America. The

Silver Cord Project in Yavapai County Arizona is comprised of 133 contiguous concessions

covering a total area of 2,437 ac, including 12 former operating mines. And is situated 64

miles north of Phoenix Arizona. The Silver Cord 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, discovery and mining operations, including base metals from mining operations

like Bagdad, Jerome and Cleopatra. The property is on trend and 12 miles N.W. of Arizona

Metals and 60 miles south of the historic Jerome Copper mine.

York Property in Quebec

The York Property is comprised of 77 claims exceeding 40 sq. km. The Property is on trend

between Azimut’s Elmer Property and the Eleonor Gold Mine. The Eleonor Mine is hosted by

rocks similar to the clastic sediments known to host the Ukaw gold showings.

Additional information about King Ventures can be viewed at the Company's website

at www.kingcse.com or at www.sedarplus.ca.

On behalf of King Global Ventures

Robert Dzisiak

Chief Executive Officer

204-955-4803

www.kingcse.com

The technical contents of this news release were approved by Andrew Lee Smith, Bsc., P.Geo,

ICD.D, a qualified person as defined by National Instrument 43-101.

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.