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Nevada King Announces Upgrade to OTCQB Venture Market in U.S.

Listings & Exchange

Nevada King Announces Upgrade to OTCQB

Venture Market in U.S.

VANCOUVER, BC

,

Oct. 25, 2021

/CNW/ -

Nevada King Gold Corp.

(TSXV: NKG) (OTCQB:

VKMTF)

("

Nevada King

" or the "

Company

") is pleased to announce that it has received approval to

upgrade from the OTC Pink Market to the OTCQB Venture Market (the "

OTCQB

"). The Company

will commence trading on the OTCQB effective at market open today -

October 25, 2021

- under

the symbol "VKMTF".

The Company's common shares will continue to trade on the TSX Venture Exchange ​under the

symbol "NKG."

The Company's listing on the TSX Venture Exchange and the trading of its shares on the OTCQB

contribute to a larger global presence and offers investors wider access to trading.

About the OTCQB

The OTCQB offers early stage and developing U.S. and international companies the benefits of

being publicly traded in the U.S. without the complexity and cost of a U.S. exchange listing. As a

verified market with efficient access to U.S. investors, the OTCQB helps companies build

shareholder value with a goal of enhancing liquidity and achieving fair valuation. Companies are

required to be current in their reporting and undergo an annual verification and management

certification process. Investors can find Real-Time quotes and market information for the Company

on

www.otcmarkets.com

.

About Nevada King Gold Corp.

Nevada King

is the fourth largest mineral claim holder in the

State of Nevada

, and the fastest

growing mineral claim holder in

the United States

.

Nevada King

owns a 100% interest in the Atlanta

Mine, located 100km southeast of

Ely, Nevada

, and the Iron Point Vanadium Project, located 35km

east of

Winnemucca, Nevada

. The Atlanta Mine is a historical gold-silver producer. The Iron Point

Vanadium Project is located within a few miles of Interstate 80, has high voltage electric power lines

running through the project area and a railroad line passing across the northern property boundary.

Nevada King

is well financed to advance the Iron Point Vanadium Project through resource

estimation and initial feasibility study work.

Nevada King

has a proven capital markets and mining

team led by Executive Chairman

Paul Matysek

.

Please see the Company's website at

www.nevadaking.ca

.

Cautionary Statements Regarding Forward Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

This news release contains certain "forward-looking information" and "forward-looking statements"

(collectively "forward-looking statements") within the meaning of applicable securities legislation. All

statements in this release, other than statements of historical facts, that address events or

developments that the Company expects to occur, are forward-looking statements. Forward-looking

statements are statements that are not historical facts and are generally, but not always, identified

by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects",

"potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or

"should" occur. Although the Company believes the expectations expressed in such forward-looking

statements are based on reasonable assumptions, such statements are not guarantees of future

performance and actual results may differ from those in the forward-looking statements. Such

forward-looking information reflects the Company's views with respect to future events and is

subject to risks, uncertainties, and assumptions. The Company does not undertake to update

forward–looking statements or forward–looking information, except as required by law.

SOURCE

Nevada King Gold Corp.

View original content:

http://www.newswire.ca/en/releases/archive/October2021/25/c1957.html

%SEDAR: 00015775E

For further information:

Collin Kettell at [email protected] or (301) 744-8744

CO: Nevada King Gold Corp.

CNW 07:30e 25-OCT-21