King Securies Additional $715,00 in Convertible Loan
April 14, 2025
KING GLOBAL SECURES AN ADDITIONAL $715,000 IN
CONVERTIBLE LOAN FROM BOARD MEMBER
NOT FOR DISTRIBUTION IN THE U.S. OR DISSEMINATION THROUGH U.S. NEWSWIRE SERVICES
Toronto, Ontario April 14, 2025 – King Global Ventures Inc. (CSE:KING) (OTC: KGLDF) (FSE:
5LM1) (the “Company” or “King Global”) is pleased to announce that it has secured $715,000
in working capital via a short term convertible loan from director Jason Campbell . The loan is
on the same terms as previously announced. The loans will support the Company as it advances
the permitting process for its maiden drill program at the Silver Cord Property.
The loan is due December 31, 2025, bears interest at the rate of 6% per annum and is
convertible into units at $0.40, each unit consisting of one share and one 2 year warrant
exercisable at $0.60. The 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 loan is subject to approval from the
Canadian Securities Exchange.
Robert Dzisiak, Chief Executive of King stated “We’re incredibly grateful to Jason Campbell –
one of our largest shareholders and valued director – for his continued belief in King Global and
his support of our strategic vision.”
This transaction falls in the related party transaction category, as the lender is a director 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 to such insider participation. In addition, the related party director has
recused himself from all board discussions and decisions related to this transaction.
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 3,780 ac, including 12 former operating mines including
the past producing Howard Copper Mine. And is situated 100 km (64 miles) north of Phoenix
Arizona. 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,
discovery and mining operations, including base metals from mining operations like Bagdad,
Jerome and Cleopatra. The property is on trend and is approximately 8 km (12 miles) N.W. of
Arizona Metals and 100 km (60 miles) south of the historic Jerome Copper mine.
The Howard Copper Mine Property is located on 78 acres of patented land approximately 100
km (64 miles) north of Phoenix AZ. Discovered in the early 1920’s, small scale production and
development focused on high-grade copper. An estimated 100,000 tonnes of copper grading
between 3-5% copper was mined from the property until it was closed in 1942 due to the
inability to secure fuel rations during WW2. 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.
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 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
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.